- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 1. The Firm and Market Structures
- Subject 6. Perfect Competition
CFA Practice Question
A curve showing the relationship between price and the quantity of output supplied by an entire industry is a ______.
A. short-run supply curve
B. short-run marginal cost curve
C. short-run market supply curve
Explanation: This is the definition of a short-run market supply curve.
User Contributed Comments 3
| User | Comment |
|---|---|
| Raph | What is the diffirence between A) and c)? |
| mimi | I guess A is for a company only. |
| hon132 | Question is for an industry |