If a total cost curve is plotted, marginal cost can be illustrated by the?

Economics

JAMB 2000

A. slope of the tangent to the curve at any given output
B. U-shaped curve cutting the total cost curve at its lowest point
C. straight line from the origin to the mid-point of the curve
D. straight line cutting the curve at its highest point

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Correct Answer: Option B

Explanation

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If a total cost curve is plotted, marginal cost can be illustrated by the?

Correct Answer: Option B

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