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Basic Question 4 of 10
The market supply curve is equal to the ______.
B. vertical sum of all the firms' average total cost curves
C. horizontal sum of all the firms' average total cost curves
A. horizontal sum of all the firms' marginal cost curves
B. vertical sum of all the firms' average total cost curves
C. horizontal sum of all the firms' average total cost curves
User Contributed Comments 1
| User | Comment |
|---|---|
| khalifa92 | like how obviously mentioned in the LOS right? |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2024 Level I Curriculum, Volume 1, Module 1.