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Author Question: Suppose that a firm's capital is fixed and one more unit of labour is hired, thereby increasing the ... (Read 86 times)

unreallynx

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on: Oct 12, 2022
Suppose that a firm's capital is fixed and one more unit of labour is hired, thereby increasing the firm's total output. Which of the following statements can be correct?
1. Marginal cost would remain constant.
2. Marginal cost would increase.
3. Marginal cost would decrease.
◦ 1 only
◦ 2 only
◦ 3 only
◦ Any of 1, 2, and 3 is possible.
◦ None are possible.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by unreallynx on Oct 12, 2022

sin

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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unreallynx

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

vickybb89

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Reply 3 on: Yesterday
Excellent

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