Each short run average cost curve:

A. Has to touch the long run cost curve

B. Has to cross the long run cost curve

C. Has to lie above all points on the long run cost curve

D. Coincides with the long run cost curve at some point

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. Indifference curve represents:
  2. The alternative of profit maximization theory is:
  3. Under monopolistic competition, in long-run there is:
  4. Elasticity of supply means change in supply due to change in:
  5. Economics is a:
  6. The good will highest income elasticity is:
  7. The products, under monopolistic competition are differentiated, yet they are:
  8. When there is decrease in demand the demand curve:
  9. The water diamond paradox was firstly resolved with the help of:
  10. Under the law of variable proportions, the average and the marginal product of the variable factor would…
  11. In the case where two commodities are good substitutes then cross elasticity will be:
  12. At a point above the middle of a straight line demand curve, elasticity of demand is:
  13. A budget line shows:
  14. Who first used the term Quasi-Rent?
  15. Which of the following is not a U shaped curve:
  16. The short-run periods in monopolistic competition are:
  17. Law of variable proportions is based on the assumption of:
  18. For a few products such as insulin for diabetics,:
  19. In joint-profit maximization cartel, the distribution of profit is:
  20. In collusive olligopoly, the firms may make:
  21. An economic model describing the working of an economy consists of:
  22. The short-run supply curve of the perfectly competitive firm is given by:
  23. The cournot model is a model of:
  24. The partial equilibrium model keeps other things:
  25. Perfect competition implies:
  26. A firm considering what type of new plant to build is involved in a:
  27. Utility is a function of:
  28. The fundamental choices that a society must make about the use of its resources include:
  29. Whenever a group of monopolistic competitors attains equilibrium, the firms in this group usually:
  30. Who finalized the model of monopolistic competition?