The Clean Air Act and its amendment increase the production costs of the firms in a covered industry through increased:
A)fixed cost while marginal cost is unchanged.
B)marginal cost while fixed cost remain the same.
C)fixed costs and increased marginal costs.
D)average cost while marginal cost is unchanged.

Question

Quizplus · Accepted Answer

The Clean Air Act and its amendments increase the production costs of the firms in a covered industry through increased fixed costs and increased marginal costs.

The Clean Air Act and Its Amendment Increase the Production