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apadong apadong
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6 years ago
The law of diminishing marginal returns
A) causes the difference between average total cost and average variable cost to shrink as output increases.
B) results in average variable cost (AVC), average total cost (ATC) ,and marginal cost (MC) curves eventually increasing at an increasing rate.
C) causes average fixed costs to decline continuously as output increases.
D) results in MC but not ATC curves eventually increasing at an increasing rate.
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DeToXiFYDeToXiFY
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6 years ago
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apadong Author
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6 years ago
this is exactly what I needed
dedricgard
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Yesterday
Thanks
Lourd Jenkins
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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