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What is the shape of the marginal cost curve in the range of diminishing returns? Answer: In the range of diminishing marginal returns the marginal
What is the shape of the marginal cost curve in the range of diminishing returns? Answer: In the range of diminishing marginal returns the marginal cost curve is _____________ sloping because in DMR the cost of each additional unit output is higher and higher
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
