SavedDragon152 SavedDragon152

03-06-2023
Business

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Please mark all correct statements A Marginal costs first fall, but then increase B Marginal productivity first grows, but then falls, eventually turning negative C) Marginal productivity and costs are reciprocally related D) Marginal productivity and costs are conversely related, they move in same direction E Average costs "gravitate" towards the marginal costs. When MC in under ATC, ATC decreases, when MC is above ATC, ATC increases

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