The Marginal Cost Curve Is the Short-Run Supply Curve

question 79

Multiple Choice

The marginal cost curve is the short-run supply curve

• A) at all points.
• B) as long as the firm is not operating.
• C) as long as the firm is operating.
• D) only between minimum average total cost (ATC)and minimum average variable cost (AVC).
• E) only above minimum average total cost (ATC).

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Definitions:

Diels-Alder Reactions

A chemical reaction between a conjugated diene and a dienophile to form a cyclohexene derivative.

Cyclopentadiene

A cyclical diolefin molecule known for its unique reactivity, utilized in Diels-Alder reactions, and producing polymers and resins.

1,3-Butadiene

An organic chemical compound that is a colorless gas with a mild gasoline-like odor, used in the production of synthetic rubber and polymers.

Dienophile

A compound that is attracted to dienes, participating in Diels-Alder reactions to form cyclic compounds.