原题为:一个厂商的短期供给曲线是短期边际成本曲线(位于最小平均可变成本的点之上),为什么长期供给曲线不是长期边际成本曲线(位于最小平均成本的点之上)?
所给的答案是:
In the short run, a change in the market price induces the profit-maximizing firm to change its optimal level of output. This optimal output occurs when price is equal to marginal cost, as long as marginal cost exceeds average variable cost. Therefore, the supply curve of the firm is its marginal cost curve, above average variable cost. (When the price falls below average variable cost, the firm will shut down.)
In the long run, the firm adjusts its inputs so that its long-run marginal cost is equal to the market price. At this level of output, it is operating on a short-run marginal cost curve where short-run marginal cost is equal to price. As the long-run price changes, the firm gradually changes its mix of inputs to minimize cost. Thus, the long-run supply response is this adjustment from one set of short-run marginal cost
短期的我懂,可是长期的我不懂……


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