If the Marginal Physical Product (MPP)of the Variable Input Is

question 187

Multiple Choice

If the marginal physical product (MPP) of the variable input is constant over a range of output, then it follows that __________ cost will be constant over the same range of output.

• A)marginal
• B)average fixed
• C)average total
• D)fixed

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Competitive Price-Searcher Market

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