In the Short Run, If the Marginal Product of Labor

question 43

Multiple Choice

In the short run, if the marginal product of labor is decreasing, then:

• A) marginal cost must be increasing.
• B) the marginal revenue of the firm must be decreasing.
• C) average total cost must be increasing.
• D) average variable cost must be decreasing.
• E) average total cost must be decreasing. the marginal revenue product of labor must be increasing.

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