Home
Earn $100 Online Daily. Work From Home. Click Here

What is the correct answer?

4

The short-run supply curve of the perfectly competitive firm is given by:

A. The rising portion of its MR over and above the break-even (shut-down) point

B. The rising portion of its MC over and above the break-even (shut-down) point

C. The rising portion of its MC over and above the AC curve

D. The rising portion of its MC curve

Related Questions

An increase in the price of the good measured on the horizontal axis causes: A budget line shows: Economics is a: In monopoly and perfect competition, TC curves are: The indirect utility function is a homogeneous function of: Who is the author of Problems of Capital Formation in Underdeveloped Countries? Which is the other name that is given to the average revenue curve? To get more revenue, a Finance Minister impose tax on that commodity which… Excess capacity is not found under: Who wrote A Contribution to the Theory of Trade Cycle? Who is the founder of classical school of thought? In long run competitive equilibrium: Price elasticity of demand is best defines as: In short-run, in monopolistic competition, a firm earns: The demand curve in monopolistic competition (also in kinked demand curve… In monopolistic competition, because of difference in choices, the firm… A firm considering what type of new plant to build is involved in a: The costs faced by the firm against fixed factors are: If the marginal utility is divided by the price of the commodity then… The costs faced by the firm against variable factors are: Identify the coefficient of price-elasticity of demand when the percentage… In the long-run competitive equilibrium, the theory predicts that: Total profits are maximized at the point where: In second degree price discrimination, monopolist takes away : Price discrimination is undertaken with the aim of: The imaginary differentiation is attributed to difference in: The shape of the TC curve is: Loanable funds theory of Interest was developed by: When elasticity of demand is greater than one (e >1), then following the… Economic problems arise because: