Engineers for the All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases?

Question

TuteeHUB · Accepted Answer

average costs to decrease

TuteeHUB · Answer

average costs to remain constant

TuteeHUB · Answer

average costs to increase

TuteeHUB · Answer

marginal costs to increase

1.	Engineers for the All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases?
A.	average costs to remain constant
B.	average costs to decrease
C.	average costs to increase
D.	marginal costs to increase
Answer» B. average costs to decrease

Engineers for the All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases?

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