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Author Question: When a firm is experiencing increasing marginal costs, it implies a. There are constant marginal ... (Read 85 times)

jc611

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on: Jul 1, 2018
When a firm is experiencing increasing marginal costs, it implies
 a. There are constant marginal productivity
  b. There are decreasing average costs
  c. There are decreasing marginal productivity
  d. There are increasing marginal productivity

Question 2

The demand for durable goods tends to be more price elastic than the demand for non-durables.
 a. true
  b. false


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TheDev123

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


jc611

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Reply 2 on: Jul 1, 2018
Excellent

billybob123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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