When the capital (a fixed input) changes A) short-run marginal ...

[chandani]

When the capital (a fixed input) changes
 A) short-run marginal costs rise.
  B) short-run average total costs fall but do not shift.
  C) labor inputs decline.
  D) the short-run average total cost curve shifts.

Question 2

There is no mechanism of collective choice that is always immune to misrepresentation of preferences by voters.
  Indicate whether the statement is true or false

[fur]

Answer to Question 1

D

Answer to Question 2

T

[chandani]

Thanks for the timely response, appreciate it

[olderstudent]

Excellent