The Short-Run Industry Supply Curve Is Found by

question 172

Multiple Choice

The short-run industry supply curve is found by

• A) taking the inverse of the industry demand curve.
• B) horizontally summing the average total cost curve of all firms in the industry.
• C) adding up the quantities supplied at each price by each firm in the industry.
• D) adding up the quantities supplied at each price by each of the firms in the industry that are making a profit.