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Suppose that one fixed and one variable input are used to produce good X. As the marginal physical ...

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Suppose that one fixed and one variable input are used to produce good X. As the marginal physical ...

Suppose that one fixed and one variable input are used to produce good X. As the marginal physical product of the variable input increases, the marginal cost

▸

increases.

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decreases.

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remains constant.

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Economics

Edition: 12^th

Author: Arnold

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