When the marginal product curve is declining because of A. increasing returns, t
ID: 1103657 • Letter: W
Question
When the marginal product curve is declining because of A. increasing returns, the marginal cost curve is rising B. Diminishing returns, the marginal cost curve is rising C. Diminishing returns the marginal cost curve is falling D.Diminishing returns ,the marginal cost curve is constant E. Increasing returns, the marginal cost curve is 14 When the marginal product curve is declining because of A. increasing returns, the marginal cost curve is rising B. Diminishing returns, the marginal cost curve is rising C. Diminishing returns the marginal cost curve is falling D.Diminishing returns ,the marginal cost curve is constant E. Increasing returns, the marginal cost curve is 14 A. increasing returns, the marginal cost curve is rising B. Diminishing returns, the marginal cost curve is rising C. Diminishing returns the marginal cost curve is falling D.Diminishing returns ,the marginal cost curve is constant E. Increasing returns, the marginal cost curve is 14Explanation / Answer
When the marginal product curve is declining because of:
B. Diminishing returns, the marginal cost curve is rising.
This is because marginal product curve declines when there is diminishing marginal returns. And when marginal product declines, marginal cost curve started to rise because of diminishing returns.
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