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Individual Supply and Market Supply
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Individual Supply and Market Supply
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3. Supply and Demand / Individual Supply and Market Supply / Problem 2
Problem 2
How do you calculate the market supply from individual supply curves?
A
By multiplying the quantity supplied by each supplier by the number of suppliers.
B
By subtracting the quantity demanded from the quantity supplied by each supplier.
C
By summing the quantities supplied by all suppliers at each price level.
D
By averaging the prices at which each supplier is willing to supply.
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