In general the marginal cost mc curve is u-shaped as you, Ask an Expert

Economics

In general, the marginal cost (MC) curve is U-shaped as you learned in the lectures and the textbook. However, exception exists. Please provide at least one industry as an example to illustrate that MC is not U-shaped. Explain briefly the shape of MC in the industry.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725492

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