1
answer
0
watching
95
views
18 Aug 2020
A purely competitive firm's short run supply curve is:
A. perfectly elastic at the minimum average total cost
B. upsloping and the portion of the marginal cost curve that lies above the average variable cost
C. upsloping and is the portion of the marginal cost curve that lies above the average total cost curve.
D. upsloping only when the industry has constant costs.
A purely competitive firm's short run supply curve is:
A. perfectly elastic at the minimum average total cost
B. upsloping and the portion of the marginal cost curve that lies above the average variable cost
C. upsloping and is the portion of the marginal cost curve that lies above the average total cost curve.
D. upsloping only when the industry has constant costs.
manhokwe tawandaLv10
23 Oct 2020
