The Short-Run Industry Supply Curve Is the

question 25

Multiple Choice

The short-run industry supply curve is the

• A)horizontal summation of the short-run supply curves for all firms in the industry.
• B)vertical summation of the short-run supply curves for all firms in the industry.
• C)average of the short-run supply curves for all firms in the industry.
• D)same as that of the typical firm in the industry.

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