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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
If another worker is hired with a marginal product greater than the previously hired worker, which of the following will be true?
A) Total costs will decrease.
B) Fixed costs will decrease.
C) Marginal cost will increase.
D) Marginal cost will decrease.
E) Average fixed costs will increase.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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9 years ago
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9 years ago
Glad to help you, and good luck with your course.
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