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    Principles of Economics Study Set 8
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    Exam 14: Firms in Competitive Markets
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    The Short-Run Supply Curve for a Firm in a Perfectly
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The Short-Run Supply Curve for a Firm in a Perfectly

Question 168

Question 168

Multiple Choice

The short-run supply curve for a firm in a perfectly competitive market is


A) horizontal.
B) likely to slope downward.
C) determined by forces external to the firm.
D) the portion of its marginal cost curve that lies above its average variable cost.

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