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3 years ago

The chart shows the marginal cost of producing apple pies.

Business

2 answers:

damaskus [11]3 years ago

8 0

Answer:

initially decreases as production increases.

Explanation:

Marginal cost refers to the additional expenses incurred by producing one more unit. According to the chart, the production of the first item had a marginal cost of $1. the second item had a marginal cost of $0.50, and the third item $0.25. The marginal cost trend is on the decline.

The marginal cost starts to increase after the fourth item. It is clear that the marginal cost was initially declining but began to rise as production increased.

mart [117]3 years ago

6 0

Answer:

initially decreases as production increases.

Explanation:

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