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Given the Exit Rule,where Does a Firm's Long-Run Supply Curve

Question 90

Multiple Choice

Given the exit rule,where does a firm's long-run supply curve derive from? It is the section of the:


A) ATC curve to the right of its minimum.
B) MC curve that lies above the ATC curve.
C) MC curve that lies above the AVC curve.
D) AVC curve to the right of its minimum.

Correct Answer:

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