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pirex pirex
wrote...
Posts: 634
6 years ago
If a particular production process is subject to diminishing marginal returns to labor at every level of output, then at every level of output
A) AC is upward sloping.
B) MC exceeds AVC.
C) AFC is constant.
D) None of the above.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 86 times
1 Reply
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6 years ago
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