(4) The Marginal Cost Curve as the Firm's Supply Curve
Marginal Cost, Supply Curve
This demonstrates the the Marginal Cost Curve for a Perfectly Competitive firm is its Marginal Cost Curve.
Crane, Steven E., "(4) The Marginal Cost Curve as the Firm's Supply Curve" (2011). Principles of Microeconomics. Paper 39.
Ability to explain why the Perfectly Competitive firm's Marginal Cost Curve is its supply curve. Ability to derive the firm's supply curve given its cost functions.
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