Which of the following explains why marginal
cost rises continually after passing a low level of
output?
A.
The marginal
product of a variable factor eventually declines as more of the
variable factor is combined with other fixed resources.
B.
The marginal rate
of income substitution rises after output reaches a low level of
output.
C.
The effect of
alternating indifference curves eventually overpowers the effect of
falling marginal productivity.
D.
The diminishing
rate of marginal input quickly reaches zero and thereafter begins
to rise continually throughout all subsequent levels of
production.

Never use plagiarized sources. Get Your Original Essay on
Question: Which of the following explains why marginal cost rises continually after passing a low level of …
Hire Professionals Just from $11/Page
Order Now Click here

Open chat
Lets chat on via WhatsApp
Hello, Welcome to our WhatsApp support. Reply to this message to start a chat.