Ayushi posted an Question
August 25, 2020 • 19:40 pm 30 points
  • UGC NET
  • Economics

43. the firm's mc curve above avc is also known as its: (1) prodcution frontier (2 optimum output (4 cost function (3) supply curve (1) atst 5eqr (2] fehh aieyg

43. The firm's MC curve above AVC is also known as its: (1) Prodcution frontier (2 Optimum output (4 Cost function (3) Supply curve (1) ATsT 5eqr (2] feHH AIEyg (3) 7gt a75 (41 4. A factor has no economic rent whose supply is: (1) Equal to unity (2) Perfectly elastic (3) More than unity (4 Perfectly inelastic

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    Nidhi taparia Best Answer

    43. The right answer is (3). Firm's MC curve beyond the AVC curve or so to say beyond the shutdown point, is actually it's supply curve.

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