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:
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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
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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.
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