The short-run industry supply curve can be found by horizontally summing the short-run supply curves of all the individual firms in the industry.

Question

Quizplus · Accepted Answer

The short-run industry supply curve represents the total quantity of a good or service that all firms in the industry are willing to supply at each price level in the short run. It is found by horizontally summing the individual firms' supply curves at each price. Therefore, option A is correct.

The Short-Run Industry Supply Curve Can Be Found by Horizontally