If a firm implements a more expensive but less-polluting production process,both the MC and ATC curves will shift upward.

Name: If a firm implements a more expensive but less-polluting production process,both the MC and ATC curves will shift upward.
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Question

Quizplus · Accepted Answer

When a firm implements a more expensive but less-polluting production process, the costs of production will increase. This means that both the marginal cost (MC) and average total cost (ATC) curves will shift upward. Therefore, the statement is true.

If a Firm Implements a More Expensive but Less-Polluting Production