Ayushi Asked a Question
August 25, 2020 2:10 pmpts 30 pts
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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