Short-run supply curves for perfectly competitive firms tend to be upw

Short-run supply curves for perfectly competitive firms tend to be upward sloping because:

A) there is diminishing marginal product for one or more variable inputs.
B) marginal costs increase as output increases.
C) marginal fixed costs equal zero.
D) A and B are correct.
E) B and C are correct.

 

ANSWER

D

 

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