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-(Figure: The Optimal Quantity)Use Figure: The Optimal Quantity.If the cost of lawn mowing decreased for all quantities of lawns mowed,the marginal _____ curve in the figure would shift to the _____ and the total profit would _____.

Question

Use the following to answer question: 
-(Figure: The Optimal Quantity)Use Figure: The Optimal Quantity.If the cost of lawn mowing decreased for all quantities of lawns mowed,the marginal _____ curve in the figure would shift to the _____ and the total profit would _____.

Quizplus · Accepted Answer

If the cost of lawn mowing decreases, the marginal cost curve shifts to the right, leading to an increase in total profit as costs are lower for the same level of output.

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