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Economists refer to the process of summing the individual supply curves to find the market supply curve as aggregation. Aggregation consists of fixing the quantity
Economists refer to the process of summing the individual supply curves to find the market supply curve as aggregation. Aggregation consists of fixing the quantity supplied price of the good and adding up the prices charged quantity supplied by each firm
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Managerial Economics A Problem Solving Approach
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
3rd edition
2901133951482, 1133951481, 978-1133951483
