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Author Question: Above the shutdown point, a competitive firm's supply curve coincides with its: a. marginal revenue ... (Read 57 times)

ghost!

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on: Jun 30, 2018
Above the shutdown point, a competitive firm's supply curve coincides with its:
 a. marginal revenue curve.
  b. marginal cost curve.
  c. average variable cost curve.
  d. average total cost curve.

Question 2

A horizontal demand curve indicates perfectly elastic demand.
 a. True
  b. False
  Indicate whether the statement is true or false


Pamela.irrgang@yahoo.com

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

b

Answer to Question 2

True


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ghost!

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Reply #2 on: Jun 30, 2018
Thank you


Pamela.irrgang@yahoo.com

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Reply #3 on: Jun 30, 2018
No problemo


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