Business, 12.04.2021 21:30 shaheedbrown06
Beyond a certain level of output, the short-run marginal cost will rise because a at least one input is fixed and eventually diminishing returns will occur b there is no fixed input and costs will increase c the cost of the variable input increases when marginal product increases d input prices increase when production increases and consumption is limited e the demand for the good decreases when production is limited
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