When a Firm Is Experiencing Decreasing Marginal Costs,it Could Be

question 43

Multiple Choice

When a firm is experiencing decreasing marginal costs,it could be because​

• A)​The average costs are increasing
• B)The firm is going down its learning curve
• C)The firm's marginal productivity is increasing
• D)​Both C and D

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about the population.

Normal Distribution

A symmetric distribution in the shape of a bell, indicating that occurrences of data close to the mean are more common than those far from the mean.

Statistic

A statistic is a single measure of some attribute of a sample, used to infer or estimate the corresponding attribute in the population.

Pudendal Nerve

A nerve responsible for innervating and providing sensation to the external genitalia, anal region, and urethra.