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Author Question: When a firm is experiencing increasing marginal costs, it implies a. There are constant marginal ... (Read 68 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
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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