Rising marginal costs result from:

Question

Quizplus · Accepted Answer

Rising marginal costs occur when the additional cost of producing one more unit of a good or service increases. This typically happens due to a falling marginal physical product, meaning that as more units of a good are produced, each additional unit requires more input or effort than the previous one, leading to higher costs per additional unit produced. Choices A, B, and D do not directly cause rising marginal costs in the context of variable production levels.

Rising Marginal Costs Result From