The short-run supply curve of a perfectly competitive firm
The short-run supply curve of a perfectly competitive firm is the rising portion of ___ above ___.
A) average variable cost; marginal cost
B) average total cost; average fixed cost
C) marginal cost; average variable cost
D) none of the above
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a perfectly competitive firm should produce in the short run as long asa pricegtaverage fixed costb pricegtmarginal
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the short-run supply curve of a perfectly competitive firm is the rising portion of above a average variable cost
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