This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The marginal cost curve of a firm above AVC is also its short-run supply curve. (Read 65 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Apr 19, 2019

Question 1

The horizontal sum of marginal cost curves (above 
AVC) of all the firms in an industry is the short-run industry supply curve.


◦ true
◦ false

Question 2

The marginal cost curve of a firm above 
AVC is also its short-run supply curve.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jlmhmf on Apr 19, 2019

Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Apr 19, 2019
TY


Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Typical Startup Cost Categories Typical Startup Cost Categories
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
The Radioactive Decay Curve The Radioactive Decay Curve
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library