All the factors below are causes of diminishing marginal returns,except
A) Difficulty of monitoring and motivating larger workforces
B) Increasing complexity of larger systems
C) Specialization and division of Labor
D) The "fixity' of some factor
Correct Answer:
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Q13: If marginal costs rises above average costs,average
Q14: Once marginal costs rise above the average
Q15: When a firm's marginal productivity declines as
Q16: If average cost is decreasing,then marginal cost
Q17: Which one of the statements is true?
A)Diminishing
Q19: Average costs curves rise with production
A)Due
Q20: Diminishing marginal productivity can occur due to
Q21: You would expect that your firm is
Q22: When a firm is experiencing decreasing marginal
Q23: The marginal cost curve:
A)Usually declines initially as
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