An industry supply curve is the horizontal summation of the supply curves of all of the individual firms.

Name: An industry supply curve is the horizontal summation of the supply curves of all of the individual firms.
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This is correct, as the industry supply curve represents the quantity of a good or service supplied by all firms in a particular industry at each price level, and is derived from the individual supply curves of those firms.

An Industry Supply Curve Is the Horizontal Summation of the Supply