Marginal cost curve _____________.

has the shape of a rectangular hyperbola

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is 'U' shaped

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is inverted 'U'

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all of the above

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Solution

The correct option is B is 'U' shaped
Marginal cost curve is U shaped.

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Similar questions

Q. Marginal cost curve of a firm is ________ shaped.

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a) Why is Total Variable Cost curve inverse S- shaped?
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$\begin{matrix} Output (in units) & 1 & 2 & 3 & 4 & 5 & 6 & 7 Marginal cost (in Rs) & 10 & 20 & 30 & 40 & 50 & 60 & 70 \end{matrix}$

(i) Is the MC curve U-shaped ?

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Marginal cost curve _____________.

The correct option is B is 'U' shapedMarginal cost curve is U shaped.

The correct option is B is 'U' shaped
Marginal cost curve is U shaped.