The long-run market supply curve ?

Related Mcqs:

In the long run, the competitive firm’s supply curve is the ?

A. entire marginal cost curve B. upward-sloping portion of the average total cost curve C. portion of the marginal cost curve that lies above the average total cost curve D. upward-sloping portion of the average variable cost curve E. portion of the marginal cost curve that lies above the average variable cost curve....

If a firm is not operating at the output necessary to achieve all scale economies, it has not achieved its ?

A. Efficient scale B. Average efficient scale C. Maximum efficient scale D. Minimum efficient scale...

The firms long run output decision will be where ?

A. long run average cost is lowest B. marginal revenue equals output C. marginal revenue equals long run marginal cost D. marginal cost equals output...

In perfect competition ?

A. A few firms dominate the industry B. Firms are price makers C. There are many buyers but few sellers D. There are many buyers and sellers...

Which of the following is not one of the four Ps in marketing ?

A. Product B. Price C. Place D. Presence...