A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2013 · Q71 Mark
How is the market supply of a product in a competitive market obtained?
Aby aggregating the supply of all firms producing the product
Bby averaging the supply of all firms producing the product
Cby calculating the supply of the typical firm producing the product
Dby estimating the supply of the largest firm producing the product
✓ Correct answer
A: by aggregating the supply of all firms producing the product
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