The short-run industry supply curve is the
a. horizontal summation of the short-run sup...
The short-run industry supply curve is the
a. horizontal summation of the short-run supply curves for all firms in the industry.
b. vertical summation of the short-run supply curves for all firms in the industry.
c. average of the short-run supply curves for all firms in the industry.
d. same as that of the typical firm in the industry.
Answers: 2
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