Under conditions of perfect competition, a firm's supply curve is determined by its?
ECONOMICS
JAMB 2002
Under conditions of perfect competition, a firm's supply curve is determined by its?
- A. total cost curve
- B. marginal cost curve
- C. variable cost curve
- D. fixed cost curve
Correct Answer: B. marginal cost curve
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *