Economics · Production Theory

If the law of diminishing returns holds true, then the total variable cost (TVC) curve will:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rise at a decreasing rate
2Rise at an increasing rate✓
3Fall at a decreasing rate
4Fall at an increasing rate

Correct answer

Rise at an increasing rate

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If the law of diminishing returns holds true, then the total variable cost (TVC) curve will:

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If the law of diminishing returns holds true, then the total variable cost (TVC) curve will:

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