The industry supply curve is derived through the horizontal summation of firm:

Name: The industry supply curve is derived through the horizontal summation of firm:
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The industry supply curve is derived through the horizontal summation of individual firm's marginal cost curves. This is because the supply of a good in the market depends on the cost of producing it. The industry supply curve shows the quantity that all firms in the industry are willing and able to produce at different prices.

The Industry Supply Curve Is Derived Through the Horizontal Summation