Question

MC] The marginal cost curve is increasing when total cost curve is: a. positive and increasing at a decreasing rate b. positive and increasing at an increasing rate c. positive and decreasing at a decreasing rate d. negative and decreasing at an increasing rate khanacadmey

Answer 1

Answer:b. positive and increasing at an increasing rate

The reason for this is that marginal cost is the extra cost of producing an extra unit so when the marginal cost curve is increasing it means that the total cost will increase faster then before because making a new product costs more than the previous one.

Step-by-step explanation: