Question
in a perfectly competitive market, the market supply curve is a. the marginal cost curve above average total cost for a representative firm. b. the
in a perfectly competitive market, the market supply curve is
a. the marginal cost curve above average total cost for a representative firm.
b. the horizontal sum of all the individual firms supply curves.
c. the vertical sum of all the individual firms supply curves
d. always a horizontal line
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Puzzle Of Latin American Economic Development
Authors: Patrice Franko
2nd Edition
0742524663, 9780742524668
