Economy, asked by amandeepmander262, 4 months ago

what cause marginal cost to increase​

Answers

Answered by Nandzzz
1

Explanation:

Marginal Cost is the increase in cost caused by producing one more unit of the good. The Marginal Cost curve is U shaped because initially when a firm increases its output, total costs, as well as variable costs, start to increase at a diminishing rate. ... Then as output rises, the marginal cost increases.

Answered by JamlessHubby
18

Explanation:

Marginal Cost is the increase in cost caused by producing one more unit of the good. The Marginal Cost curve is U shaped because initially when a firm increases its output, total costs, as well as variable costs, start to increase at a diminishing rate. ... Then as output rises, the marginal cost increases.

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