A perfectly competitive firm's long-run supply curve is that part of its MC curve that lies above the point where MC = AVC.

Name: A perfectly competitive firm's long-run supply curve is that part of its MC curve that lies above the point where MC = AVC.
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In the long run, a perfectly competitive firm's supply curve is the portion of its marginal cost (MC) curve that lies above the average total cost (ATC), not the average variable cost (AVC).

A Perfectly Competitive Firm's Long-Run Supply Curve Is That Part