The marginal cost curve is affected by _____.

Question

Quizplus · Accepted Answer

The marginal cost curve is affected by time, as the cost of inputs may change over time. It is also affected by the price of inputs, as the cost of producing more units may increase as the price of inputs increases. Additionally, changes in technology can affect the marginal cost curve by making production more efficient and lowering the cost of producing additional units. Therefore, all of the above options affect the marginal cost curve.

The Marginal Cost Curve Is Affected by _____