If the price of a fixed factor of production increased by 50%, what effect would this have on the

| December 2, 2017

If the price of a fixed factor of production increased by 50%, what effect would this have on the marginal coast schedule facing a firm? a. None, because fixed costs don’t afftect marginal costs b. marginal cost would increase by 50%, c. marginal cost would increase by less than 50%, d. marginal cost would increase by greater than 50%

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