Question: Answer this multiple choice question The curves in this figure reflect information about the average total cost, average fixed cost, average variable cost, and marginal

Answer this multiple choice question

The curves in this figure reflect information about the average total cost, average fixed cost, average variable cost, and marginal cost for a firm. Cost ($) Quantity of Output Refer to the figure. Why is curve A U-shaped? O because of diminishing marginal product because of increasing marginal product because increasing marginal product follows decreasing marginal product because decreasing marginal product follows increasing marginal product

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