Question: In the one input model if the production frontier has diminishing slope then A. the marginal cost curve has inverted U shaped B. the marginal
In the one input model if the production frontier has diminishing slope then
| A. the marginal cost curve has inverted U shaped | |
| B. the marginal cost curve is upward sloping throughout | |
| C. the marginal cost curve is upward sloping initially and then downward sloping | |
| D. the marginal cost curve is U shaped |
D. decreasing returns to scale
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