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Economics
MEDIUM
ENGLISH
Economics
In the long run, the competitive firm’s supply curve is the ?
A
entire marginal cost curve
Option A
B
upward-sloping portion of the average total cost curve
Option B
portion of the marginal cost curve that lies above the average total cost curve
Correct answer
D
upward-sloping portion of the average variable cost curve
Option D
Correct answer: C
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