given-the-supply-data-supplier-m-supplies-4-units-at-2-9-units-at-5-supplier-n-s

Question

Given the supply data: Supplier M supplies 4 units at $$2, 9 units at 5$$; Supplier N supplies 6 units at $$2, 11 units at 5. $$What is the market supply at $5, and how would you graph it?

Accepted Answer

The market supply at $5 is 20 units, and it is graphed by summing the individual supply curves of Suppliers M and N.

Answer

The market supply at $5 is 15 units, and it is graphed by averaging the individual supply curves of Suppliers M and N.

Answer

The market supply at $5 is 11 units, and it is graphed by using only Supplier M's supply curve.

Answer

The market supply at $5 is 18 units, and it is graphed by subtracting Supplier N's supply from Supplier M's supply.

Given the supply data: Supplier M supplies 4 units at \$2, 9 units at \$5; Supplier N supplies 6 units at \$2, 11 units at \$5. What is the market supply at \$5, and how would you graph it?