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A supply curve shows quantities supplied at various prices. It also shows the A.marginal cost of production. B.total profit the firm earns at a given
A supply curve shows quantities supplied at various prices. It also shows the
A.marginal cost of production.
B.total profit the firm earns at a given level of output.
C. producer surplus, which is equal to the slope of the supply curve.
D. total cost of production.
E.marginal benefit of the good.
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