Use the following to answer questions below:

-Refer to the short-run per-unit cost curves graph. Which of the four curves represents marginal cost?
A) Curve A
B) Curve B
C) Curve C
D) Curve D

Question

Use the following to answer questions below:
 
-Refer to the short-run per-unit cost curves graph. Which of the four curves represents marginal cost?
A) Curve A 
B) Curve B 
C) Curve C 
D) Curve D

Quizplus · Accepted Answer

Marginal cost typically first decreases as output increases due to increasing efficiency and then increases as output continues to rise due to diminishing returns. Curve C shows this behavior, initially decreasing and then increasing, which is characteristic of marginal cost.

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