When a Firm Is Experiencing Diminishing Marginal Returns,its Marginal Cost

question 70

Multiple Choice

When a firm is experiencing diminishing marginal returns,its marginal cost _____

• A)rises.
• B)falls.
• C)remains constant.
• D)first rises and then falls.
• E)becomes zero.

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Definitions:

Explore Emerging

The process of investigating and understanding new trends, technologies, or ideas that are in the early stages of development or adoption.

Exploit Current

Leveraging existing resources, conditions, or opportunities to gain an advantage or achieve a goal.

Dell Computer

An American multinational computer technology company known for its direct-sales model and custom-built personal computers, servers, and related products.

Nike

A global corporation known for designing, manufacturing, and marketing footwear, apparel, equipment, and accessories, especially for sports.