The supply curve of a perfectly competitive firm is:
A) the portion of the marginal cost curve above the marginal revenue curve.
B) the portion of the marginal cost curve above the average cost curve.
C) the portion of the marginal cost curve above the average variable cost curve.
D) the portion of the average cost curve above the average variable cost curve.
E) the same as the average variable cost curve.
Correct Answer:
Verified
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