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Basic Question 0 of 32
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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2025 Level I Curriculum, Volume 1, Module 1.