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    Macroeconomics Study Set 43
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    Exam 4: Part B: Market Failures: Public Goods and Externalities
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    The MC Curves in the Diagram Slope Upward Because of the Law
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The MC Curves in the Diagram Slope Upward Because of the Law

Question 32

Question 32

Multiple Choice

The MC curves in the diagram slope upward because of the law of: The MC curves in the diagram slope upward because of the law of:   A) demand. B) conservation of matter and energy. C) diminishing marginal utility. D) diminishing returns.


A) demand.
B) conservation of matter and energy.
C) diminishing marginal utility.
D) diminishing returns.

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