Marginal costs will begin to rise at the point where
A) fixed costs increase.
B) variable costs increase.
C) average variable costs increase.
D) diminishing marginal product begins.
Answer: D
Economics
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If the exchange rate between the Canadian dollar [C$] and the U.S. dollar [$] on January 6, 2010 is C$/$ = 1.03, then the exchange rate $/C$ will be:
a. 0.67. b. 0.79. c. 0.97. d. 1.97. e. 1.33.
Economics
Debt is a financial position where you have made a financial obligation and the only way you have to pay for it is from money you have yet to earn.
Indicate whether the statement is true or false
Economics