damian1065 damian1065
  • 14-01-2021
  • Business
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Explain the typical shapes of the marginal-benefit and marginal-cost curves. The marginal-benefit curve is

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ebrightosagie
ebrightosagie ebrightosagie
  • 15-01-2021

Answer: The marginal benefit curve is downward.

The marginal cost curve is upward

Explanation:

Unlike the marginal cost curve, whose slope is often upwards, the marginal profit curve is generally known by its downward slope.

The optimum allocation of resources to a given product will take place when these curves are used. MB = MC always.

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