The upward-sloping part of the short-run marginal cost function is due to:

The upward-sloping part of the short-run marginal cost function is due to:

the change in total product rising as units of a variable input are added to a fixed input.
the upward-sloping part of the production function.
marginal product falling as units of a variable input are added to a fixed input.
marginal product rising as units of a variable input are added to a fixed input.

 

 

answer:

The answer is option 3.

marginal product falling as units of variable input are added to a fixed input. The marginal product curve is downward and therefore short run MC function is upward sloping.

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