Question: 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 price below the shutdown point) This is not true for firms operating in other market structures. For example, while a monopoly ''has'' an MC curve it does not have a supply curve. In a perfectly competitive market, a supply curve shows the quantity a seller's willing and able to supply at each price -- for each price, there is a unique quantity that would be supplied. The one-to-one relationship simply is absent in the case of a monopoly. With a monopoly, there could be an infinite number of prices associated with a given quantity. It all depends on the shape and position of the demand curve and its accompanying marginal revenue curve. is the marginal cost curve the supply curve

OPTIONS:
- no
- yes

Answer: no

Question: The commonly recognized system of feline blood designates cats as A, B, or AB. The vast majority of cats in the United States are Type A, but the percentage of Type B cats increases in other countries, such as Australia. In a study conducted in England, 87.1% of non-pedigree cats were type A, while only 54.6% of pedigree cats were type A. Type A and B cats have naturally occurring alloantibodies to the opposite blood type, although the reaction of Type B cats to Type A blood is more severe than vice versa. Based on this, all cats should have a simple blood typing test done to determine their blood type prior to a transfusion or breeding to avoid the haemolytic disease (or neonatal isoerythrolysis). It is also important to check donor cats for FeLV/FIV status. do all cats have the same blood type

OPTIONS:
- no
- yes

Answer: no

Question: The University of the Philippines (UP; Filipino: Unibersidad ng Pilipinas or Pamantasan ng Pilipinas) is a state university system in the Philippines. Founded by the American colonial government on June 18, 1908, it was originally a university conceived for the Filipinos. Act No. 1870 of the 1st Philippine Legislature was signed to establish UP to provide ''advanced instruction in literature, philosophy, the sciences and arts, and to give professional and technical training'' to eligible students regardless of ''age, sex, nationality, religious belief and political affiliation''. UP has institutional autonomy as the country's national university as mandated by Republic Act No. 9500 (UP Charter of 2008). is university of the philippines a state university

OPTIONS:
- no
- yes

Answer:
yes