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In a Market with 1,000 Identical Firms,the Short-Run Market Supply

Question 174

Multiple Choice

In a market with 1,000 identical firms,the short-run market supply is the


A) marginal cost curve (above average variable cost) for a typical firm in the market.
B) quantity supplied by the typical firm in the market.
C) sum of the prices charged by each of the 1,000 individual firms.
D) sum of the quantities supplied by each of the 1,000 individual firms.

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