Question

The decreasing portion of marginal cost (MC) curve indicates:
a.The law of diminishing marginal utility
b. The law of diminishing marginal returns
c. The law of constant marginal returns
d. The law of increasing marginal returns

Answer 1

Answer:

The decreasing portion of the marginal product curve corresponds with the increasing portion of the marginal cost curve. ... The quantity of output in which marginal cost is at a minimum is the same quantity of output produced by the variable input when the marginal product of the variable input is at a maximum.

Explanation:

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Answer 2

Answer:

The Law of increasing Marginal Return.

Explanation:

When the marginal product to a factor increases, the marginal cost falls and with the increasing variable factor of production, marginal product increases.