Economy, asked by shivam25902, 1 year ago

why mu have u shaped curve​

Answers

Answered by AzzyLand
1

Hi my dear friend,

Thus, the marginal cost curve, like the variable cost curve will first slope downwards until a constant point before sloping upwards and forming a U-shaped curve. Further Reading: ... The curve has a “u” shape because when marginal cost drops at the beginning of production, marginal returns increase.

~Thank you


shivam25902: thanks a lot
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