A market supply curve is
A)the horizontal sum of the individual supply curves.
B)downward sloping.
C)the vertical sum of the individual supply curves.
D)is downward sloping initially, and then upward sloping.
E)is represented by a line with a constant slope.

Question

Quizplus · Accepted Answer

A market supply curve is the horizontal sum of the individual supply curves, which means that it is the sum of the quantities that all suppliers are willing and able to sell at a given price.

A Market Supply Curve Is