Why do average variable costs eventually rise if a company's output increases enough? O Diminishing marginal product occurs, causing average variable costs to rise. The diminishing marginal revenue...


Why do average variable costs eventually rise if a company's output increases enough?<br>O Diminishing marginal product occurs, causing average variable costs to rise.<br>The diminishing marginal revenue triggers increased use of resources.<br>O The reduction in average fixed costs must be offset by increasing variable costs.<br>O The price paid for each unit of input keeps rising.<br>

Extracted text: Why do average variable costs eventually rise if a company's output increases enough? O Diminishing marginal product occurs, causing average variable costs to rise. The diminishing marginal revenue triggers increased use of resources. O The reduction in average fixed costs must be offset by increasing variable costs. O The price paid for each unit of input keeps rising.

Jun 07, 2022
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