Economy, asked by ashisprasadpati, 6 months ago

short run cost curves are influenced by​

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Answered by Lovelyfriend
7

Short run cost curves tend to be U shaped because of diminishing returns. In the short run, capital is fixed. After a certain point, increasing extra workers leads to declining productivity. Therefore, as you employ more workers the marginal cost increases

Answered by Anonymous
0

Answer:

Short run cost curves tend to be U shaped because of diminishing returns. In the short run, capital is fixed. After a certain point, increasing extra workers leads to declining productivity. Therefore, as you employ more workers the marginal cost increases

Explanation:

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