Exhibit

-Refer to Exhibit. The firm's short-run supply curve corresponds to which segment of the marginal cost curve in the diagram?

Question

Exhibit
 
-Refer to Exhibit. The firm's short-run supply curve corresponds to which segment of the marginal cost curve in the diagram?

Quizplus · Accepted Answer

In the short run, a firm's supply curve is the portion of its marginal cost curve that lies above the average variable cost curve. This typically starts from the point where the marginal cost curve intersects the average variable cost curve, which corresponds to segment CDE.

Exhibit -Refer to Exhibit. the Firm's Short-Run Supply Curve Corresponds to Curve