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question! In a perfectly competitive market, the market supply curve is the vertical sum of all the individual firms' supply curves. the marginal cost curve
question!
In a perfectly competitive market, the market supply curve is
- the vertical sum of all the individual firms' supply curves.
- the marginal cost curve above average total cost for a representative firm.
- the horizontal sum of all the individual firms' supply curves.
- always a horizontal line.
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