Refer to the graph. Diminishing marginal returns are reflected in
A)the shift of the short-run average total cost curve from ATC₂ to ATC₁.
B)a move along short-run average total cost curve ATC₂ from point e to point f.
C)a move along short-run average total cost curve ATC₁ from point b to point a.
D)the shift of the short-run average total cost curve from ATC₁ to ATC₂.

Question

Refer to the graph. Diminishing marginal returns are reflected in
A)the shift of the short-run average total cost curve from ATC₂ to ATC₁. 
B)a move along short-run average total cost curve ATC₂ from point e to point f. 
C)a move along short-run average total cost curve ATC₁ from point b to point a. 
D)the shift of the short-run average total cost curve from ATC₁ to ATC₂.

Quizplus · Accepted Answer

The Answer of  Refer to the graph. Diminishing marginal returns are reflected in
A)the shift of the short-run average total cost curve from ATC₂ to ATC₁. 
B)a move along short-run average total cost curve ATC₂ from point e to point f. 
C)a move along short-run average total cost curve ATC₁ from point b to point a. 
D)the shift of the short-run average total cost curve from ATC₁ to ATC₂.

Refer to the Graph