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Marginal costs Multiple Choice are the additional costs incurred in producing one more unit of output. are constant for a perfectly competitive firm. fall as
Marginal costs Multiple Choice are the additional costs incurred in producing one more unit of output. are constant for a perfectly competitive firm. fall as the rate of output increases. are equal to total costs divided by total output
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
