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Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by MaupitiBlue on Wednesday May 29, 2019 @02:19PM (#20043561)
“The portion of the marginal cost curve above its intersection with the average variable cost curve is the supply curve for a firm operating in a perfectly competitive market (the portion of the MC curve below its intersection with the AVC curve is not part of the supply curve because a firm would not operate at a price below the shutdown point).”

https://en.m.wikipedia.org/wiki/Marginal_cost#Perfectly_comp...

Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by Tyrek on Wednesday May 29, 2019 @02:48PM (#20043879)
Only in a perfectly competitive market, which, as you'll note, is the problem here - there's too much distortion around student fees (demand) to truly call the college market perfectly competitive.