Figure: Revenues, Costs, and Profits III for Tomato Producers
(Figure: Revenues, Costs, and Profits III for Tomato Producers) Look at the figure Revenues, Costs, and Profits III for Tomato Producers.The market for tomatoes is perfectly competitive,
and an individual tomato farmer faces the cost curves shown in the figure.The farm's short-run supply curve is the ________ curve above a price of _.
A.average total cost; $14
B.average variable cost; $10
C.marginal cost; $10
D.marginal cost; $14

Question

Figure: Revenues, Costs, and Profits III for Tomato Producers
   (Figure: Revenues, Costs, and Profits III for Tomato Producers) Look at the figure Revenues, Costs, and Profits III for Tomato Producers.The market for tomatoes is perfectly competitive,
and an individual tomato farmer faces the cost curves shown in the figure.The farm's short-run supply curve is the ________ curve above a price of _. 
A.average total cost; $14
B.average variable cost; $10
C.marginal cost; $10
D.marginal cost; $14

Quizplus · Accepted Answer

The Answer of Figure: Revenues, Costs, and Profits III for Tomato Producers
   (Figure: Revenues, Costs, and Profits III for Tomato Producers) Look at the figure Revenues, Costs, and Profits III for Tomato Producers.The market for tomatoes is perfectly competitive,
and an individual tomato farmer faces the cost curves shown in the figure.The farm's short-run supply curve is the ________ curve above a price of _. 
A.average total cost; $14
B.average variable cost; $10
C.marginal cost; $10
D.marginal cost; $14