The purely competitive firm’s supply curve: / » Micro economics 2 solved MCQs / By admin Question: The purely competitive firm’s supply curve: A. is perfectly inelastic in the short run. B. is horizontal in the long run. C. is upward sloping when some inputs are fix Answer» c. is upward sloping when some inputs are fix Note: The above multiple-choice question is for all general and Competitive Exams in India.