

MCQOPTIONS
Saved Bookmarks
1. |
If a firm wage costs increase this will cause __________ and __________? |
A. | marginal cost to increase, output to fall |
B. | marginal revenue to increase output to fall |
C. | opportunity cost to increase the firm will close |
D. | average cost will rise output will increase ____ output and an upward shift in marginal revenue ____ output |
Answer» B. marginal revenue to increase output to fall | |