Question:

The short-run supply curve of a firm in perfect competition is the segment of its:

A.

marginal cost curve that lies above the minimum average total cost

B.

marginal revenue curve that lies above the minimum average total cost

C.

marginal cost curve that lies above the minimum average variable cost

D.

marginal revenue curve that lies above the minimum average variable cost

Answer» c. marginal cost curve that lies above the minimum average variable cost