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Posted: April 6th, 2019
Which part of a perfect competitor’s short-run marginal cost curve
Which part of a really perfect competitor’s short-run marginal value curve,SMC, will also be its short-run present curve,SS?a)The whole of the SMC curve.b)The whole of the upward sloping part of the SMC curvec)The part of the SMC curve above its intersection with the AVC curve.d) The part of the SMC curve above its intersection with the SAC curve.
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