Question:
The short-run supply curve of the perfectly competitive firm is given by
| A. |
the rising portion of its MC curve over and above the shut-down point |
B. |
the rising portion of its MC curve over and above the break-even point |
C. |
the rising portion of its MC curve over and above the AC curve |
D. |
the rising portion of its MC curve. |
Answer» a. the rising portion of its MC curve over and above the shut-down point |
Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |