Firm experiences decreasing marginal product of labor

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Suppose that a given firm experiences decreasing marginal product of labor with the addition of each worker regardless of the current output level. Which of the following statements about costs is correct A) when marginal cost is less than average total cost, average total cost is rising. B) total cost curve is U-shaped C) the quantity of output increases, marginal cost eventually rises. D) all the above are correct

Reference no: EM131101611

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