Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Producer Behaviour and Supply › Compared with the short-run marginal cost curve,…
Compared with the short-run marginal cost curve, the long-run one tends to be what?
ASteeper
BFlatter
CIdentical
DVertical
Answer & Solution
Correct answer: B. Flatter
Greater input flexibility in the long run makes marginal cost respond less sharply to output.
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