In this graph, which of the following has an upward-sloping curve?





a. MC

b. D

c. MR

d. P*


a. MC

Economics

You might also like to view...

At point d in the above figure, the average product of labor equals

A) 15. B) 4. C) 3.75. D) approximately 1.

Economics

A falling dollar makes U.S. goods

A) more expensive abroad and increases the volume of U.S. exports. B) less expensive abroad and increases the volume of U.S. exports. C) less expensive abroad and decreases the volume of U.S. exports. D) more expensive abroad and decreases the volume of U.S. exports.

Economics

Implicit cost involves a direct cash payment for the use of a resource

a. True b. False

Economics

If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____. a. increase; increase

b. increase; be indeterminate. c. decrease; decrease. d. decrease; be indeterminate

Economics