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Author Question: In the short run, the supply curve for a perfectly competitive firm is its marginal cost curve for ... (Read 55 times)

Zoey63294

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on: Jun 30, 2018
In the short run, the supply curve for a perfectly competitive firm is its marginal cost curve for all levels of output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Marginal utility (MU) equals:
 a. P/Q.
  b. Q/TU.
  c. PQ/TU.
  d. TU/P.
  e. TU/Q.


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sultansheikh

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

e


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

mcabuhat

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  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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