Multiple Choice
In the long run:
A) variable inputs are rarely used
B) variable inputs change to fixed inputs
C) some inputs, such as plant and machinery, remain fixed
D) all inputs are considered to be variable
Correct Answer:
Verified
Related Questions
Q118: Graph 13-3 Q119: Diminishing marginal product suggests that: Q120: The marginal cost curve will intersect: Q121: Graph 13-5 Q122: Graph 13-5 Q124: Graph 13-5 Q125: Graph 13-6 Q126: Graph 13-6 Q127: Diminishing marginal product occurs: Q128: Graph 13-5 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)marginal cost is
A)average variable
A)immediately after the first