In a price-taking firm, the portion UT above is the firm's

a

average revenue curve

b

Long-run average cost curve

c

demand curve

d

supply curve

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Correct Option
b

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Discussions (2)

Iember_codes
3 years ago
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The answer is D because UT is the portion of MC above the avc curve and the answer cannot be B, because that is not the slope- the slope of the curve is shown below

colikstan
3 years ago

I think it's D

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