In general,the marginal cost curve
A) has a positive slope.
B) has a negative slope.
C) is horizontal.
D) is vertical.
E) is U-shaped.

Name: In general,the marginal cost curve A) has a positive slope. B) has a negative slope. C) is horizontal. D) is vertical. E) is U-shaped.
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Question

Quizplus · Accepted Answer

The marginal cost curve has a positive slope because as production increases, additional units of output require more resources and thus incur additional costs.

In General,the Marginal Cost Curve