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2 weeks ago
A perfectly competitive industry's short-run supply curve is best described as

• the upward sloping portion of the industry's marginal cost curve.

• the horizontal summation of the individual firms' supply curves.

• perfectly inelastic.

• horizontal.
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Economics Today: The Micro View
Edition: 19th
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wrote...
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2 weeks ago
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the horizontal summation of the individual firms' supply curves.
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