Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Can a Marginal cost curve NOT be U shaped?

Sagot :

Answer:

The marginal cost curve is usually U-shaped. Marginal cost is relatively high at small quantities of output; then as production increases, marginal cost declines, reaches a minimum value, then rises.

Explanation:

N/A