What Is the Correct Interpretation of the Perfectly Competitive Firm's

What is the correct interpretation of the perfectly competitive firm's supply curve?

A) It is the same as its average variable cost curve.
B) It is the same as its total variable cost curve.
C) It is the same as the portion of its marginal cost curve that lies above the average variable cost curve.
D) It is the same as the portion of its average variable cost curve that lies above the marginal cost curve.

Correct Answer:

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