A Firm Will Begin to Experience Diminishing Returns at the Point

question 162

Multiple Choice

A firm will begin to experience diminishing returns at the point where:

• A)marginal cost increases.
• B)marginal cost decreases.
• C)marginal product increases.
• D)both B and C

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Definitions:

Cranium

The skull; the eight bones of the head enclosing the brain; generally applied to the 28 bones of the head and face.

Cranial Bones

The bones that form the skull, protecting the brain and supporting the structures of the face.

Frequently Used Test

A test or examination that is administered regularly due to its proven utility in evaluating a specific trait or condition.

Bone Scan

A diagnostic imaging test that uses a small amount of radioactive material to detect abnormalities or changes in the bones.