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Ludmilka [50]
3 years ago
14

If the marginal product of labor is increasing, the marginal cost of output must be

Business
1 answer:
SVETLANKA909090 [29]3 years ago
4 0
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.



If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.



Hope that helps!!!
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Calculations 9 of 10 close At a firm's profit-maximizing level of output, its price is $200 and its short-run average total cost
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Answer:

Should shut down if its short-run average variable cost exceeds $25.

Explanation:

This directly explains the firms profit maximizing level of output in a short run. And in the scenario above, the firm made a $25 gain per unit output, it is advised the firm should shut down if its shut run average variable cost exceeds $25.

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3 years ago
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Answer:

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