When a Firm's MC Curve Shifts to the Right,it Implies

question 60

Multiple Choice

When a firm's MC curve shifts to the right,it implies that

• A)new firms are entering the market.
• B)labor productivity is decreasing.
• C)labor productivity is increasing.
• D)the firm's overhead costs are decreasing.

---

Definitions:

Advertising Expense

Costs incurred by a business to promote its products or services through various media channels.

Proportion

A part, share, or number considered in comparative relation to a whole.

Sales

Income received from selling goods or services over a period of time.

Direct Expenses

Costs that can be directly traced to a specific cost object, such as a product, department, or project.