Economics · Microeconomics - Market Supply Curves
Match List-I (Industry/Firm) with List-II (Supply Curve): (a) Increasing cost industry — (iii) Upward sloping (b) Decreasing cost industry — (iv) Downward sloping (c) Constant cost industry — (i) Horizontal (d) Perfectly competitive firm in short run — (ii) Upward sloping portion of MC above AVC
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a)-(iii), (b)-(iv), (c)-(iv), (d)-(ii)
- 2(a)-(i), (b)-(iv), (c)-(iii), (d)-(ii)
- 3(a)-(iii), (b)-(i), (c)-(iv), (d)-(ii)
- 4(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)✓
Correct answer
(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)
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