To calculate market supply,we
A)Add the quantities supplied for each individual supply schedule horizontally.
B)Add the quantities supplied for each individual supply schedule vertically.
C)Find the average quantity supplied at each price.
D)Find the difference between the quantity supplied and the quantity demanded at each price.

Question

Quizplus · Accepted Answer

Market supply is calculated by horizontally adding the quantities supplied by all producers at each price level. This approach sums up the total quantity that will be supplied in the market at various prices, reflecting the overall market supply curve.

To Calculate Market Supply,we