When a firm is experiencing increasing marginal costs, it implies ...

[jc611]

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

[TheDev123]

Answer to Question 1

c

Answer to Question 2

a

[jc611]

Wow, this really help

[essyface1]

Thanks for the timely response, appreciate it