• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

MICRO ECONOMIC FACTORS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › MICRO ECONOMIC FACTORS

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 27, 2016 at 8:11 am #312817
    raihan14
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    can you explain me the clear concept of THE SHORT RUN SUPPLY CURVE please..

    April 27, 2016 at 9:39 am #312823
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10591
    • ☆☆☆☆☆

    In the short run, fixed costs are fixed so a firm will concentrate on its variable costs.

    If selling prices exceed average variable costs, it is worthwhile producing goods as revenue will exceed variable costs, so the supply of goods only begins once that happens.

    However, as output increases it is assumed that marginal costs increase because of diminishing returns. The firm will be comparing the extra revenue form one more unit and the extra costs caused by making one more unit. Therefore, the firm’s short?run supply curve is the part of its marginal cost curve that lies above its average variable cost curve.

    It links selling price offered and and quantity made.

    There’s lots more material available if you ‘Google’ this. I’m not convinced great detail is needed for F1.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • shravanm on ACCA AAA Employability and Technology Skills
  • MitaP on Presentation of Financial Statements (IAS 1) – ACCA Strategic Business Reporting (SBR) lectures
  • John Moffat on Activity Based Costing part 1 – ACCA Performance Management (PM)
  • Shabi on Activity Based Costing part 1 – ACCA Performance Management (PM)
  • Ark1 on Variance Analysis (part 4) – ACCA Management Accounting (MA)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in