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Author Question: The law of diminishing marginal returns results in average total cost eventually (Read 67 times)

laurencescou

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on: Apr 19, 2019

Question 1

The short-run average variable cost curve eventually begins to increase at an increasing rate because of


◦ diseconomies of scale phenomena.
◦ a constraint that does not allow the firm to change its production technology.
◦ diminishing returns phenomena.
◦ increasing returns to scale to capital.

Question 2

The law of diminishing marginal returns results in average total cost eventually


◦ increasing at a decreasing rate
◦ decreasing at a decreasing rate.
◦ decreasing at an increasing rate.
◦ increasing at an increasing rate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by laurencescou on Apr 19, 2019

peter

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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laurencescou

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

adf223

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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