A technological change that increases productivity ________ marginal product and ________ marginal cost.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Correct Answer:
Verified
Q312: Which curve intersects the AVC curve at
Q313: Which of the following shifts the AVC
Q314: A change in technology that shifts the
Q315: If the ATC curve has a positive
Q316: If marginal cost exceeds average variable cost,
Q318: Which cost always increases as output increases?
A)
Q319: Which of the following shifts the AVC
Q320: The range of output over which a
Q321: Q322:
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