Economics · Production and Costs
Complete the sentence using the options given below. The short-run marginal cost curve is 'U'-shaped due to ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1the law of variable proportions✓
- 2the law of fixed proportions
- 3aggregate demand
- 4more supply of products
Correct answer
the law of variable proportions
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