What is the short-run supply curve of a perfectly competitive firm?

Name: What is the short-run supply curve of a perfectly competitive firm?
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Question

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In the short run, a perfectly competitive firm will produce at a level where marginal cost is equal to marginal revenue. As long as the price is above the minimum average variable cost, the firm will continue to produce in the short run. Therefore, the short-run supply curve is the marginal cost curve above the minimum average variable cost.

What Is the Short-Run Supply Curve of a Perfectly Competitive