In the long run, the competitive firm's supply curve is the
A) entire marginal cost curve.
B) upward-sloping portion of the average total cost curve.
C) portion of the marginal cost curve that lies above the average total cost curve.
D) upward-sloping portion of the average variable cost curve.
E) portion of the marginal cost curve that lies above the average variable cost curve.
Correct Answer:
Verified
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