Question:
The supply curve of a firm in the short-run is generally:
The supply curve of a firm in the short-run is generally:
Show Hint
The short-run supply curve is often U-shaped because of the law of variable proportions affecting production costs.
Updated On: Nov 5, 2025
- U-shaped
- Horizontal line
- Vertical line
- V-shaped
Show Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
The U-shape represents the average cost curve due to economies and diseconomies of scale. This is typical in the short-run cost structure.
Was this answer helpful?
0
0
Top UP Board XII Economics Questions
- Which one of the following is true? When the marginal utility becomes negative:
- Which one of the following is true? The total variable cost is equal to:
- In a mixed economy, decisions related to production and consumption are taken by:
- The statement 'Other things being constant, an increase in money supply will increase the price level.' is related to:
- Which one of the following is true? In a perfectly competitive market, the:
View More Questions
Top UP Board XII Microeconomics Questions
- In the case of normal goods, demand curve shows
- Who propounded indifference curve analysis ?
- Which of the following indicates fixed cost?
- What is Micro-economics?
- What do you understand by 'Demand' ?
View More Questions
Top UP Board XII Questions
- In which one of the following States of India is the density of population the highest?
- Which one of the following States of India has the largest urban population?
- Which one of the following States is not related to the production of mineral oil?
- Which one of the following sea ports is located on the eastern coast of India?
- What is meant by ‘Humanisation of Nature’?
View More Questions