why-do-individual-firms-supply-curves-coincide-with-their-marginal-cost-curves-i

Question

Why do individual firms' supply curves coincide with their marginal cost curves in the short run?

Accepted Answer

Because firms supply where price is above average variable cost.

Answer

Because firms supply where price is below marginal cost.

Answer

Because firms supply where price is below average total cost.

Answer

Because firms supply where price is equal to fixed cost.