The marginal cost curve is the mirror image of the:
A)total product curve.
B)average product curve.
C)marginal product curve.
D)average total cost curve.

Question

Quizplus · Accepted Answer

The marginal cost curve shows the additional cost of producing one more unit of output, while the marginal product curve shows the additional output produced by adding one more unit of input. These two curves are closely related, as marginal cost tends to decrease as marginal product increases and vice versa. Therefore, the marginal cost curve is the mirror image of the marginal product curve. The total product curve and average product curve are not related to the marginal cost curve in this way. The average total cost curve is related to the marginal cost curve, but it is not a mirror image.

The Marginal Cost Curve Is the Mirror Image of The