Price of a fixed factor of production increased

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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 affect 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%

Reference no: EM13797801

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