CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The short-run supply curve of a firm is the portion of the MC curve .

A
below the AVC curve
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
below the SAC curve
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
above the AVC curve
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
above the SAC curve
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C above the AVC curve
The short-run supply curve is the portion of the MC curve above the AVC curve. Below the AVC curve, the firm shuts down and above the AVC curve, production happens to correspond to MR=P.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Building the Supply Curve
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon