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@Gabrielle @Gabrielle
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Posts: 306
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5 years ago
If the price of labor is constant and a firm experiences diminishing marginal product, then its
A) marginal costs increase.
B) marginal costs decrease.
C) fixed costs increase.
D) total costs decrease.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 55 times
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Answer verified by a subject expert
sudenziasudenzia
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Posts: 154
5 years ago
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@Gabrielle Author
wrote...
5 years ago
This helps so much, thank you for responding so quickly...
wrote...
5 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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