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:

Oscar Handlin

An American historian who made significant contributions to the study of immigration, emphasizing the role of immigrants in shaping American society and culture.

McCarren-Walter Act

A United States immigration law enacted in 1952, which revised and maintained the national origins quota system but also allowed for some relaxation of immigration restrictions.

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The status of being a citizen of the United States, entailing specific rights, duties, and privileges, including the right to vote and the right to live and work in the country.

Immigration Policy

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