Main articles: Growth hormone 1 and Growth hormone 2. Genes for human growth hormone, known as growth hormone 1 (somatotropin) and growth hormone 2, are localized in the q22-24 region of chromosome 17 and are closely related to human chorionic somatomammotropin (also known as placental lactogen) genes.
The short-run marginal cost (MC) curve will at first decline and then will go up at some point, and will intersect the average total cost and average variable cost curves at their minimum points.
The U-shape of the marginal cost curve is directly attributable to increasing, then decreasing marginal returns (and the law of diminishing marginal returns). As marginal product (and marginal returns) increases for relatively small output quantities, marginal cost declines.owever, as marginal cost increases, the price a firm needs to receive also increases. The result is a positive relation between price and quantity supplied, which is the law of supply and the supply curve. Marginal cost tends to be relatively high but declining for small quantities of production.