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5. (Supply curve) We learned how we derive supply curves in markets. Perfect competitive market case, the supply curve is the same as the MC

5. (Supply curve) We learned how we derive supply curves in markets. Perfect competitive market case, the supply curve is the same as the MC curve above AVC (SR), and the LMC curve above LAC (LR). Is that available to use the same supply curve concept in a monopoly market too? Explain why

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