ZenithCorp. a major utility company runs 4 thermo-nuclear generators supplying electricity to the Greater Manhattan region. The company is planning to set up a 5th generator to meet the ever increasing demand for electricity. While analyzing the business plan the company CFO notices that by adding one more units there is a positive but declining increase in marginal cost. This indicates that the total cost curve and the average total cost curve is most likely.
Total Cost Curve: Average Total Cost