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    Principles of Microeconomics
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    Exam 8: Short-Run Costs and Output Decisions
  5. Question
    The ________ Part of a Perfectly Competitive Firm's Marginal Cost
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The ________ Part of a Perfectly Competitive Firm's Marginal Cost

Question 370

Question 370

Multiple Choice

The ________ part of a perfectly competitive firm's marginal cost curve is the firm's short-run supply curve.


A) rising
B) falling
C) horizontal
D) backward-bending

Correct Answer:

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