Marginal cost increases because
A) marginal product decreases.
B) the price of labor decreases.
C) marginal product increases.
D) the price of labor increases.
E) marginal product is constant.
Correct Answer:
Verified
Q58: Exhibit 6-1 Q59: Holding everything else equal, total revenue increases Q60: A graph showing how much total output Q61: Total costs are the _ variable and Q62: The slope of the total cost curve Q64: Marginal cost begins to increase when Q65: Variable costs are generally associated with the Q66: Variable costs are those that Q67: Costs that do not vary with output Q68: The slope of the total cost curve
A)only
A)total cost
A)vary with output.
B)are
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