In the firm’s production process, marginal cost?

By: |Published on: Nov 9|Categories: Economics WAEC| 0 comments

A. falls continuously throughout
B. falls and later rises
C. remains unchanged throughout
D. rises and later falls

Correct Answer: Option B

B. falls and later rises

Users Also Read These:

SEE ALSO  Given two substitute goods (X and Y) with demand and supply function; Qd = 7p - 12; Qs = 4p + 9. Find the magnitude of excess demand when p = ₦18

Copyright warnings! Do not copy.