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Llanis Llanis
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6 years ago
Suppose the following information is known about a market:

1. Sellers will not sell at all below a price of $2.
2. At a price of $10, any given seller will sell 10 units.
3. There are 100 identical sellers in the market.

Assuming a linear supply curve, use this information to derive the market supply curve.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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6 years ago
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Llanis Author
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6 years ago
this is exactly what I needed
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Yesterday
Good timing, thanks!
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2 hours ago
Thank you, thank you, thank you!
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