Question 2 In the long run, a firm decides to double its inputs and it exactly doubles its output. What happens to the average cost? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a It doubles. b It increases but does not double. C It more than doubles. d It remains unchanged. Question 3 At a certain quantity, the average product of labor is 10 and the marginal product of labor is 20. In this case, is the average product of labor increasing or decreasing? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a increasing b decreasing C staying the same d cannot be determined with the information given