A total cost curve-08950
A total cost curve:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.19.
A total cost curve:
Relates output with total cost.
Is always upward sloping.
Gets steeper as output rises, due to diminishing marginal product of an input.
All of the given options.
