The Fundamental Reason That Marginal Cost Eventually Rises as Output

question 157

Multiple Choice

The fundamental reason that marginal cost eventually rises as output increases is because of

• A)economies of scale.
• B)diseconomies of scale.
• C)diminishing marginal product.
• D)rising average fixed cost.

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Definitions:

60 V

A potential difference of sixty volts between two points in an electrical circuit.

Total Resistance

The overall opposition to current flow in a circuit, often calculated by summing individual resistances in series and applying specific formulas for parallel components.

Parallel Circuit

An electrical circuit in which components are connected across common points, allowing multiple pathways for current to flow.

385.83 Ω

A specific value of electrical resistance, measured in ohms (Ω).