MC Qu. 41 If the variable cost curve is a straight...If the variable cost curve is a straight line, then themarginal cost curve will be horizontal.marginal cost curve is upward sloping.Omarginal cost curve will be U-shaped.Omarginal cost curve may be U-shaped.

The variable cost refers to the cost that changes with change in the level of output. It falls to…

MC Qu. 41 If the variable cost curve is a straight... If the variable cost curve is a straight line, then the O marginal cost curve will be horizontal. O marginal cost curve is upward sloping. marginal cost curve will be U-shaped. O marginal cost curve may be U-shaped.

MC Qu. 41 If the variable cost curve is a straight... If the variable cost curve is a straight line, then the O marginal cost curve will be horizontal. O marginal cost curve is upward sloping. marginal cost curve will be U-shaped. O marginal cost curve may be U-shaped.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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MC Qu. 41 If the variable cost curve is a straight...
If the variable cost curve is a straight line, then the
marginal cost curve will be horizontal.
marginal cost curve is upward sloping.
Omarginal cost curve will be U-shaped.
Omarginal cost curve may be U-shaped.

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3) Which of the following is not true about the marginal cost? Oo The marginal cost (MC) curve is U shaped. It can be calculated by dividing the change in the total cost by the change in the output. It is the additional cost incurred by a firm from changing output by a certain amount. It can be calculated by dividing the total cost by the quantity.
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