Marginal cost curves generally slope
A) upward because of increasing opportunity cost.
B) downward because of increasing opportunity cost.
C) downward because of decreasing opportunity cost.
D) upward because of decreasing opportunity cost.

Question

Quizplus · Accepted Answer

Marginal cost curves generally slope upward because of increasing opportunity cost, as producing additional units typically requires more resources or less efficient inputs, leading to higher costs.

Marginal Cost Curves Generally Slope