A firm operating at full capacity will experience rising short-run total costs when?

By: |Published on: Oct 28|Categories: Economics JAMB| 0 comments

A. prices of its variable inputs rise
B. prices of its variable inputs fall
C. there is a change in management
D. labour productivity increases

Correct Answer:

Option A – prices of its variable inputs rise

Users Also Read These:

SEE ALSO  A permit that allows an importer to bring a certain quantity of foreign goods into a country is?

Copyright warnings! Do not copy.