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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: A perfectly competitive firm's short-run supply curve is
Post by: Tidy on Jun 21, 2015
A perfectly competitive firm's short-run supply curve is
A) upward sloping and is the portion of the marginal cost curve that lies above the average total cost curve.
B) upward sloping and is the portion of the marginal cost curve that lies above the average variable cost curve.
C) perfectly elastic at the market price.
D) horizontal at the minimum average total cost.


Title: Re: A perfectly competitive firm's short-run supply curve is
Post by: Sydnie on Jul 8, 2015
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