The cost of a variable input, such as the wage paid to workers, ...

[anshika]

The cost of a variable input, such as the wage paid to workers, decreases. This decrease shifts the
 
  A) total fixed cost curve downward.
  B) marginal product of labor curve downward.
  C) average variable cost curve downward.
  D) marginal product of labor curve upward.

Question 2

Because a subsidy raises marginal benefit, it can be used to eliminate the deadweight loss from overproduction.
 
  Indicate whether the statement is true or false

[dominiqueenicolee]

Answer to Question 1

C

Answer to Question 2

FALSE

[anshika]

Gracias!

[nathang24]

Thanks for the timely response, appreciate it