What is the relationship between a perfectly competitive firm's marginal cost curve and its supply curve?
A. A firm's marginal cost curve is equal to its supply curve for all prices
B. A firm's marginal cost curve is equal to its supply curve for prices above average total cost
C. A firm's marginal cost curve is equal to its supply curve for prices above average variable cost
D. A firm's marginal cost curve is upward sloping with twice the slope of its supply curve
E. A firm's marginal cost and supply curves are horizontal lines equal to the market price.
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