_____ is responsible for the upward slope of the marginal cost curve.

Name: _____ is responsible for the upward slope of the marginal cost curve.
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Question

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The law of diminishing returns explains the upward slope of the marginal cost curve, as it states that adding more of one factor of production, while holding others constant, will at some point yield lower per-unit returns. This leads to an increase in the cost of producing each additional unit, hence the marginal cost increases.

_____ Is Responsible for the Upward Slope of the Marginal