Marginal cost A) increases as more is produced. B) remains ...

[xroflmao]

Marginal cost
 
  A) increases as more is produced.
  B) remains constant as more is produced.
  C) decreases as more is produced.
  D) decreases as marginal benefits decrease.

Question 2

The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the
 
  A) national security argument.
  B) diversity argument.
  C) infant-industry argument.
  D) environmental protection argument.
  E) national youth protection argument.

[voltaire123]

Answer to Question 1

A

Answer to Question 2

C