The Marginal Cost Curve Is U-Shaped

question 262

Multiple Choice

The marginal cost curve is U-shaped.Over the range of output for which the marginal cost is falling as output increases,the marginal product is

• A) increasing.
• B) decreasing.
• C) constant.
• D) probably changing, but there is no stable relationship between the marginal cost and the marginal product.
• E) not defined.

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