
Answer:
The correct answer is option A.
Explanation:
Marginal cost is the cost of producing an additional unit of output. It is the increase in the total cost when an additional unit of output is produced. Â
The marginal cost curve is a U shaped curve. Initially, the marginal product of labor is rising, so the marginal cost will be decreasing. But after reaching a certain maximum point, the marginal product of labor starts declining. At the same time, the marginal cost of production will start rising.