Suppose there are six bait and tackle shops that sell worms in a lakeside resort town in Minnesota. If we add the respective quantities that each shop would produce and sell at each of the six bait and tackle shops when the price of worms is $2 per bucket, $2.50 per bucket, and $3 per bucket, and so forth, we have found the

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The market supply curve is determined by adding together the quantities that all producers (in this case, the six bait and tackle shops) are willing and able to sell at each possible price. This scenario describes the process of creating a market supply curve for worms by aggregating the quantities supplied by each shop at various prices.

Suppose There Are Six Bait and Tackle Shops That Sell