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Tidy Tidy
wrote...
Posts: 4852
9 years ago
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.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 180 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Top Poster
Posts: 3807
9 years ago
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