The competitive firm’s short-run supply curve is that portion of the

The competitive firm’s short-run supply curve is its

a. marginal revenue curve, but only the portion where marginal revenue exceeds marginal cost.
b. marginal cost curve, but only the portion above the minimum of average variable cost.
c. marginal cost curve, but only the portion above the minimum of average total cost.
d. marginal cost curve.

Answer

marginal cost curve, but only the portion above the minimum of average variable cost. the above is the answer

because in this case the company would continue to supply in short run if it is at least recovering the variable cost.

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