Question

Supply curve is rising of AVC and MC

Answer 1

what is your question ?

Answer 2

Supply is the quantity which is offered for sale at a given price at a particular time. The supply curve shows the maximum quantities per unit of time which sellers will place in the market at various prices. At a higher price, a greater quantity will be supplied and, at a lower price, a smaller quantity will be supplied.

Recall that the supply of a commodity is a derived function. It is derived from the cost function. It is said that all the supply curves are cost curves, but all cost curves (AFC, AVC, AC and MC) are not the supply curves. Under perfect competition, in the short period, only MC curve is the supply curve.