Which of These Curves Is the Competitive Firm's Short-Run Supply

question 235

Multiple Choice

Which of these curves is the competitive firm's short-run supply curve?

• A)The average variable cost curve above marginal cost.
• B)The average total cost curve above marginal cost.
• C)The marginal cost curve above average variable cost.
• D)The average fixed cost curve.

---

Definitions:

Divide

To separate or split something into parts or to share among several.

Universal Design

The creation of settings and equipment that can be used by everyone, whether or not they are able-bodied and sensory-acute.

Able-bodied

Describes a person who does not have a disability and is capable of performing various physical tasks and activities.

Sensory-acute

Having heightened or very sensitive sensory perceptions, such as sight, hearing, smell, taste, and touch.