alleryMatch LDMR returns: 1. LDMR: p. Law shape 2. SRMC: q. Cost curve 3. Extra: r. Diminish
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
The Law of Diminishing Marginal Returns shapes the short-run marginal cost curve as extra variable inputs yield declining marginal returns.
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