402,913 views
20 votes
20 votes
Why is there an upward-sloping marginal cost curve?

User Zuks
by
2.5k points

1 Answer

29 votes
29 votes

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:

User Newtonx
by
2.7k points