Which of the Following Statements Is True? If the Marginal

question 124

Multiple Choice

Which of the following statements is true? If the marginal product of labor diminishes,

• A)average fixed cost rises
• B)average variable cost is constant
• C)marginal cost rises
• D)average total cost must rise
• E)total cost rises at a diminishing rate

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Definitions:

Conservative White Owners

Generally refers to white land and business owners who traditionally hold conservative political and social views, often prioritizing property rights and economic status quo.

New York Jazz Style

A distinctive style of jazz that emerged in New York City, characterized by bebop influences and complex improvisations.

Small Band Stride

A style of jazz piano playing characterized by a left-hand technique that creates a rhythmic stride pattern, often performed by small bands or solo pianists.

Batouala

A novel by René Maran, notable for its critical portrayal of colonialism in Africa; it was awarded the Prix Goncourt in 1921.