Marginal cost tends to ……..?
Select ONE answer:
- First decrease and then increase as the quantity produced is increased.
- Always increase as the quantity produced is increased.
- Always decrease as the quantity produced is increased.
- First increase and then decrease as the quantity produced is increased.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 1

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