If Marie Marionettes Is Operating Under Conditions of Diminishing Marginal

question 216

Multiple Choice

If Marie Marionettes is operating under conditions of diminishing marginal product,the marginal costs will be:

• A)equal to average total cost.
• B)decreasing.
• C)increasing.
• D)constant.

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Definitions:

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, or praise.

Habit

A routine behavior that is repeated regularly and tends to occur subconsciously.

Incentive

Something that motivates or encourages someone to do something.

Biological Deficiency

A condition where an organism lacks a substance or element necessary for its growth, maintenance, or functioning.