# economics

True or False

1.Total output may continue to rise even though the marginal physical product (MPP) is decreasing

Think about it, then take a shot. Hint: while MPP is decreasing, can it sign still be positive?

1. 👍 0
2. 👎 0
3. 👁 66

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83. Minimizing Marginal Cost The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost$6.20 to