Question
What is the supply curve of a firm in Perfect
Competition?Solution
The individual supply curve shows how much output a firm in a perfectly competitive market will supply at any given price. Provided that a firm is producing output, the supply curve is the same as marginal cost curve. When market price is below Average variable cost (AVC), the firm will not produce and would shut down. As such, the supply curve in a perfectly competitive market would only be that part of MC curve which is above AVC. 
Which athlete from India was the only winner of any medal in the London Paralympics?
__________has retained his Men's Singles title by winning 2018 Australian Open.
Which of the following was the main cause of the decline of the Gupta empire ?
Kalidas Samman is a prestigious arts award presented annually by the government of ________.
NABARD has launched an agroecology-based programme named ‘JIVA programme’. The objective of the programme is to promote ______________.
Which of the following funds is an Initiative by Government of India to cater to the borrowing requirements of Public Sector by pooling investments from...
Which of the following is NOT a fundamental right under the 44th Amendment Act, 1978 of indian constitution?
The Large Hardon Collider (LHC) is a gigantic scientific instrument near Geneva spanning the border area of ____.
Which of the following images during the French Revolution stood for the symbol of Eternity?
Which is the first State in India to have water policy?
