The reason the marginal cost curve eventually increases as output increases for the typical firm is because:

Related MCQs

• The firm's short-run marginal-cost curve is increasing when:
• The competitive firm’s long run supply curve is the portion of it’s …………..curve lies above average total cost.
• Whenever marginal cost is more than …………average total cost is falling:
• …….. principle is closely related to the marginal costs and marginal revenue of economic theory
• ………..principle is closely related to the marginal costs and marginal revenue of economic theory
• Marginal utility curve of a given consumer is also his:
• Under the Marginal cost pricing, the price is determined on the basis of;
• Exceptional Demand Curve (Perverse demand curve)
• The demand curve of a firm in the case of perfect competition is:
• If all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be: