In the market period, market supply curve is

Related MCQs

• The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if
• Given the supply of a commodity in the market period, the price of the commodity is determined by
• Given the supply of a commodity, in the market period, the price of a commodity is determined by
• If the market demand curve for a commodity has a negative slope then the market structure must be
• If the Average Total Cost curve of a firm in monopolistic competition happens to be above the demand curve, it means:
• The imposition of a maximum price at the point where the monopolist’s SMC curve intersects the D curve causes the monopolist to
• The purely competitive firm's supply curve:
• The short-run supply curve of a firm in perfect competition is the segment of its:
• If the supply curve for labor is backward bending, and if the wage of a worker increases, she might choose to work:
• The supply curve for the monopolist