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WhenMPrises, MCfalls because Select one: a.workers are into the crowding phase of production, and so costs fall due to their inefficiency. b.the teamwork phase of
WhenMPrises, MCfalls because
Select one:
a.workers are into the "crowding" phase of production, and so costs fall due to their inefficiency.
b.the "teamwork" phase of production results in rising costs and productivity.
c.the law of diminishing marginal product suggests that
MCwill eventually always fall.
d.efficiency in production gets reflected in efficiency of costs.
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