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    Exam 12: Perfect Competition : Theory and Practice
  5. Question
    The Supply Curve for a Firm in Perfect Competition Is
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The Supply Curve for a Firm in Perfect Competition Is

Question 11

Question 11

Multiple Choice

The supply curve for a firm in perfect competition is:


A) perfectly horizontal.
B) perfectly vertical.
C) the MC curve above the ATC curve.
D) the MC curve above the AVC curve.

Correct Answer:

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