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Why is there an upward-sloping marginal cost curve?

Why is there an upward-sloping marginal cost curve?
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Why is there an upward-sloping marginal cost curve?

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User Ziganotschka
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1 Answer

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Answer:

The marginal cost curve is generally upward-sloping, because diminishing marginal returns implies that additional units are more costly to produce.

Step-by-step explanation:

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User Mindcast
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