The short-run market supply curve is derived by ________ supplied of the individual firm supply curves.
A)vertically summing the prices and quantities
B)horizontally summing the prices and quantities
C)vertically summing the quantities
D)horizontally summing the quantities

Question

Quizplus · Accepted Answer

The short-run market supply curve is derived by horizontally summing the quantities supplied of the individual firm supply curves. This means that at any given price, the total quantity supplied in the market is the sum of the quantities supplied by all firms at that price.

The Short-Run Market Supply Curve Is Derived by ________ Supplied