Graph 14-4
This graph depicts the cost structure of a profit-maximising firm in a competitive market.Use the graph to answer the following question(s) .
-Refer to Graph 14-4.Which line segment best reflects the long-run supply curve for this firm?
A) AB
B) CD
C) DE
D) none of the above; the long-run supply curve requires knowledge of the average variable cost structure
Correct Answer:
Verified
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