Question

20) The marginal cost curve slopes downward at low outputs because of the marginal cost curve eventually slopes upward because of_ A) the law of diminishing returns; increasing average fixed cost B) the law of diminishing returns; greater specialization and division of labour C) greater specialization and division of labour; the law of diminishing returns D) falling average fixed cost; the law of diminishing returns E) greater specialization and division of labour; rising average fixed cost