36) In the short run, if marginal product is A) above; decreasing B) below; decreasing C) above; increasing D) below; increasing average product, then average variable cost is
36) In the short run, if marginal product is A) above; decreasing B) below; decreasing C) above; increasing D) below; increasing average product, then average variable cost is
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 17SQ
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![36) In the short run, if marginal product is
A) above; decreasing B) below; decreasing C) above; increasing D) below; increasing
average product, then average variable cost is](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd547a34e-9c75-4c6e-b152-797e6f54c993%2F03456792-9a63-4b43-a948-061119373231%2Ftclz50d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:36) In the short run, if marginal product is
A) above; decreasing B) below; decreasing C) above; increasing D) below; increasing
average product, then average variable cost is
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