The supply curve of a price-taker firm in the short run is the: Group of answer...

The supply curve of a price-taker firm in the short run is the:

Group of answer choices

firm's average variable cost curve.

portion of the firm's average total cost curve that lies above average variable cost curve.

portion of the firm's marginal cost curve that lies above average variable cost curve.

firm's marginal revenue curve.

Solutions

Expert Solution

The supply curve of a price-taker firm in the short run is the:-

-the portion of the firm's marginal cost curve that lies above the average variable cost curve.

option(C)

Rahul Sunny answered 1 year ago

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