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.
School counselors are one of the best ongoing sources of support for students who plan to go to college. They can provide guidance and support throughout the entire process. If you are lucky enough to have access to a counselor in your school, it is in your best interest to visit that person on a regular basis. Your counselor will know where to find information; for example in books, catalogues, brochures, and CDs that deal either with the admission process or a specific college or university. 2  In addition, your counselor will be able to point you to websites that offer RELIABLE and FREE information about college.