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Author Question: Consider a firm in a perfectly competitive industry. The shut-down point is the price at which the ... (Read 45 times)

acwiles

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on: Oct 12, 2022

Question 1

The short-run supply curve for a perfectly competitive firm is
◦ its marginal-cost curve above the average-variable-cost curve.
◦ the industry supply curve.
◦ its entire marginal-cost curve.
◦ its average-revenue curve.
◦ its rising portion of the average-variable-cost curve.

Question 2

Consider a firm in a perfectly competitive industry. The shut-down point is the price at which the firm can just cover its
◦ fixed costs.
◦ marginal costs.
◦ non-economic costs.
◦ unstated costs.
◦ variable costs.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by acwiles on Oct 12, 2022

feiojef

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Reply #1 on: Oct 12, 2022
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.
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acwiles

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

xoxo123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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