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The individual supply curve shows how much output a firm in a perfectly competitive market will supply at any given price. Provided that a firm is producing output, the supply curve is the same as marginal cost curve. When market price is below Average variable cost (AVC), the firm will not produce and would shut down. As such, the supply curve in a perfectly competitive market would only be that part of MC curve which is above AVC. 
The Headquarter of SIDBI Is located in
Which of the following is the secondary function of Banks?
I. Collecting and supplying business information.
II. Issuing letters of c...
Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
Under which Act, Banking ombudsman has been constituted?
As per the RBI guidelines, Banks will be able to offer short-term crop loans up to one year at what percent of rate per annum?
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers ...
Uttarakhand Gramin Bank established after the amalgamation of
What is Notice Money?
The Marine Products Export Development Authority (MPEDA) is organizing the 22nd edition of India International Seafood Show (IISS) 2020 in Kochi from 7-...
‘Project Tatkal’ is a recent initiative of the State Bank of India to speed up the process of _____________.
