Consider the Following Short-Run Cost Curves for a Profit-Maximizing Firm

question 81

Multiple Choice

Consider the following short-run cost curves for a profit-maximizing firm in a perfectly competitive industry. FIGURE 9-2
-Refer to Figure 9-2.The short-run supply curve for this perfectly competitive firm is its

• A)ATC curve at and above $3.
• B)AVC curve at and above $1.50.
• C)entire marginal cost curve.
• D)marginal cost curve at and above $3.
• E)marginal cost curve at and above $1.50.

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