When marginal cost is positive, total cost is ________ as output increases.

A) increasing
B) decreasing
C) constant
D) negative
E) undefined

Answer: A) increasing

Economics

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The effects of rent control in the long run include lower rents and lower-quality housing

a. True b. False Indicate whether the statement is true or false

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Higher prices for ________ that are widely used across the entire economy can cause aggregate supply to shift.

a. inputs b. finished goods c. outputs d. products

Economics