There Are Currently N Identical Firms in a Market

question 13

Multiple Choice

There are currently N identical firms in a market.If it is a perfectly competitive market,the short-run market supply curve at any given price is

• A) N times the supply of an individual firm.
• B) N - 1 times the supply of an individual firm.
• C) N plus the supply of an individual firm.
• D) It cannot be determined from the information provided.

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