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Shapes of Total Cost Curves in the Short Run

The total-cos...

Question

The total-cost curve is the total-product curve.

A

steeper than

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B

the mirror image of

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C

parallel to

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D

coincidental with

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Solution

The correct option is B the mirror image of
The total-cost curve is the mirror image of the total-product curve. This is because of the law of variable proportions.

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