Scenario 13-17 if farmer brown plants no seeds on his farm, he gets no harvest. if he plants 1 bag of seeds, he gets 5 bushels of wheat. if he plants 2 bags, he gets 9 bushels. if he plants 3 bags, he gets 12 bushels. a bag of seeds costs $120, and seeds are his only cost. refer to scenario 13-17. farmer brown's marginal-cost curve is

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MsTeel

His marginal cost curve is increasing, because the marginal benefit of each additional bag of seeds keeps going down and the costs continue to go up.

The marginal cost curve is  b. increasing at an increasing rate.

  • The calculation is as follows:

Bags of seed Output      Marginal output

1                        5               5

2                       9              4

3                      12             3

The marginal output is decreasing but the cost spent should be the same. This shows that the total cost is increasing at the increasing rate.

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