2. A) In perfect competition marginal cost curve of a firm shows supply curve of the firm in short run. True/False. Elaborate your answer theoretically and graphically. B) Theoretically and...


2. A) In perfect competition marginal cost curve of a firm shows supply<br>curve of the firm in short run. True/False. Elaborate your answer theoretically<br>and graphically.<br>B)<br>Theoretically and graphically explain how firm choose optimum<br>combination of inputs in short run and in the long run.<br>

Extracted text: 2. A) In perfect competition marginal cost curve of a firm shows supply curve of the firm in short run. True/False. Elaborate your answer theoretically and graphically. B) Theoretically and graphically explain how firm choose optimum combination of inputs in short run and in the long run.

Jun 10, 2022
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