If the law of diminishing marginal productivity holds true, both average total cost and marginal cost must diminish as output increases.

Name: If the law of diminishing marginal productivity holds true, both average total cost and marginal cost must diminish as output increases.
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The law of diminishing marginal productivity implies that marginal cost will eventually increase as output increases, which can also lead to an increase in average total cost.

If the Law of Diminishing Marginal Productivity Holds True, Both