A Perfectly Competitive Firm in the Short Run Determines Its

question 18

Multiple Choice

A perfectly competitive firm in the short run determines its quantity supplied at various prices by using

• A)the portion of its marginal cost curve rising above its average total cost curve
• B)the portion of its marginal cost curve rising above its average variable cost
• C)its average variable cost curve
• D)its average total cost curve
• E)the portion of its average variable cost curve rising above its average fixed cost curve