In particular, a perfectly competitive firm's marginal cost curve is also its supply curve.This conclusion, however, only applies to perfect competition. Firms operating in market structures that do not equate price and marginal cost, but rather equate marginal revenue and marginal cost.s such, the marginal cost curve is not the supply curve for the firm.Long-Run ProductionIn the long run, with all inputs variable, a perfectly competitive industry reaches equilibrium at the output that achieves the minimum efficient scale, that is, the minimum of the long run average cost curve.
A tutor is an instructor who gives private lessons. Shadow education is a name for private supplementary tutoring that is offered outside the mainstream education system. Normally, a tutor will help a student who is struggling in a subject of some sort. Also, a tutor may be provided for a student who wants to learn at home.
Best Answer: hi1 im a freshman and i am taking AVID. its basically a college preperation class. they teach you about what to expect in college, what type of classes you should take in high school, and what classes offer credits for particular colleges. its many time also a study hall. we do a lot of homeowork. its really fun because its educational and fun. (plus we have less homeowrk at night cuz we get it done in class). we have visited 2 colleges and done a tour. at one college we actually sat in one of the classes to see what a college class was like i would reccomend it :) btw-you get a black avid tee shirt for joining :)