If the Marginal Product of an Input Is Falling, Then

question 338

Multiple Choice

If the marginal product of an input is falling, then

• A) average fixed cost is constant.
• B) marginal cost is falling.
• C) average total cost is constant.
• D) marginal cost is rising.

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Definitions:

Soviet Union's Declaration

A formal announcement or statement made by the Soviet Union, which could pertain to policy, intent, or ideology during its existence from 1922 to 1991.

Winston Churchill

A British politician, army officer, and writer who served as the Prime Minister of the United Kingdom during World War II and again in the early 1950s.

Eastern Front

A major theater of combat during World War I and World War II, encompassing the battles between Germany, Austria-Hungary, and their allies against Russia and later the Soviet Union.

World War II

An international confrontation that occurred between 1939 and 1945, drawing in almost every nation on earth, including the major powers which were split into two antagonistic armed coalitions: the Allies and the Axis.