The market supply curve is the ________ of the ________.
A) horizontal sum; individual supply curves
B) vertical sum; individual supply curves
C) horizontal sum; individual supply curves minus the market demand
D) vertical sum; individual supply curves minus the market demand
E) vertical average; of the individual supply curves

Question

Quizplus · Accepted Answer

The market supply curve is derived by horizontally summing all the individual supply curves, which means adding the quantities supplied by all firms at each price level to get the total market supply at that price.

The Market Supply Curve Is the ________ of the ________

The Market Supply Curve Is the of the