Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

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

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

Note: The above multiple-choice question is for all general and Competitive Exams in India