In Order to Derive the Market Supply Curve from Individual

question 193

Multiple Choice

In order to derive the market supply curve from individual supply curves, we add up the:

• A) Various prices that individual sellers are charging for the product
• B) Various quantities that individual sellers want to sell at specific price levels
• C) Total number of sellers in the market at a given time
• D) Costs that all individual sellers incur in producing the product

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