MCQOPTIONS
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| 1. |
The reason the marginal cost curve eventually increases as output increases for thetypical firm is because: |
| A. | of diseconomies of scale. |
| B. | of minimum efficient scale. |
| C. | of the law of diminishing returns. |
| D. | normal profit exceeds economic profit. |
| Answer» D. normal profit exceeds economic profit. | |