MC curve in a perfectly competitive industry depicts?

CA Foundation · Business Economics · MTP · September 2026
MC curve in a perfectly competitive industry depicts?
(A) A. demand Curve
(B) B. supply Curve
(C) C. average cost curve
(D) D. total cost curve

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. supply Curve

Topics: Price Determination in Different Markets

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