Q29 As output increases, marginal costs willeventually incrense becauseO average total cost increasesO economies of scale are achievedO marginal product decreasesO total cost increasesO fixed cost remains constantAnswer the question abore br chekng on the comeer resprouse

As there is an increase in the level of output, there comes a rise in the level of marginal cost…

As output increases, marginal costs willeventually incrense a average total cost increases O economies of scale are achieveod O marginal product decreases O total cost increases O fixed cost remains constant Mat

As output increases, marginal costs willeventually incrense a average total cost increases O economies of scale are achieveod O marginal product decreases O total cost increases O fixed cost remains constant Mat

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 9SQP

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.

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Q29

As output increases, marginal costs willeventually incrense because
O average total cost increases
O economies of scale are achieved
O marginal product decreases
O total cost increases
O fixed cost remains constant
Answer the question abore br chekng on the comeer resprouse

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