Multiple Choice
Use the following to answer questions:
Figure: Revenues, Costs, and Profits for Tomato Producers III
-(Figure: Revenues, Costs, and Profits for Tomato Producers III) Look at the figure Revenues, Costs, and Profits for Tomato Producers III. The market for tomatoes is perfectly competitive. The farm's short-run supply curve is the _____ cost curve above a price of _____.
A) average total; $14
B) average variable; $10
C) marginal; $10
D) marginal; $14
Correct Answer:

Verified
Correct Answer:
Verified
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