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Title: If a firm experiences constant returns to the variable input in the short run: Post by: hiusy98 on Jan 23, 2017 If a firm experiences constant returns to the variable input in the short run:
A) marginal product will be greater than average variable product, but the two will become more equal as output increases. B) marginal product will be less than average variable product, but the two will become more equal as output increases. C) marginal product will be greater than average variable product, and the difference between the two will become larger as output increases. D) marginal product and average variable product will be equal over the range of output in question. Title: Re: If a firm experiences constant returns to the variable input in the short run: Post by: sofresh on Jan 23, 2017 Content hidden
Title: Re: If a firm experiences constant returns to the variable input in the short run: Post by: hiusy98 on Mar 27, 2017 This course was so challenging before I signed up here, thanks
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