In the short run, the competitive firms supply curve is the portion of the marginal cost curve that lies above the average variable cost curve?
A. upward-sloping portion of the average variable cost curve
B. Upward-sloping portion of the average total cost curve
C. portion of the marginal-cost curve that lies above the average variable cost curve
D. entire marginal cost curve.
E. portion of the marginal cost curve that lies above the average total cost curve.
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