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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.
Date and Time are located on the desktop at
First Ram chips was introduced in the early 1979s by which of the following?
Which short cut keys is used to centre a paragraph?
Which of the following shows current status of the window –
A Website’s main page is called its
A Hard Drive is __________
IM stands for:
The process of identifying an individual, usually based on a username and password is called
System software
____________ is a function of a firewall?