Author Question: When the capital (a fixed input) changes A) short-run marginal costs rise. B) short-run average ... (Read 16 times)

chandani · **on:** Jun 30, 2018

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