When a producer's supply curve is to the right of (or below) the total-cost supply curve, this represents the fact that its ______. Multiple choice question. demand curve does not capture all the costs legitimately associated with the production of its goods supply curve captures all the costs legitimately associated with the production of its goods supply curve does not capture all the costs legitimately associated with the production of its goods supply curve does not capture all the revenue legitimately associated with the production of its goods

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16-09-2021
Business

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When a producer's supply curve is to the right of (or below) the total-cost supply curve, this represents the fact that its ______. Multiple choice question. demand curve does not capture all the costs legitimately associated with the production of its goods supply curve captures all the costs legitimately associated with the production of its goods supply curve does not capture all the costs legitimately associated with the production of its goods supply curve does not capture all the revenue legitimately associated with the production of its goods

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ewomazinoade ewomazinoade · Answer 1 · 2021-09-20T17:33:50+02:00

When a producer's supply curve is to the right of (or below) the total-cost supply curve, this represents the fact that its does not capture all the costs legitimately associated with the production of its goods supply curve

The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good.

All things being equal, the higher the price of the good, the higher the quantity supplied.

The total cost supply curve represents the total cost associated with supplying a good or a service

Please find attached an image of a supply curve

To learn more about supply curves, please check: https://brainly.com/question/11786220?referrer=searchResults