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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American Marketing Association

A professional association for marketing professionals dedicated to advancing the practice, science, and teaching of marketing.

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