Question

9.
What is market supply curve?​

Answer 1

the market supply curve is the relationship between output and the common marginal cost of producing their output

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Answer 2

Answer:

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Explanation:

The market supply curve measures the relationship between total output and the common marginal cost of producing this output. The interpretation of the market supply curve as a marginal cost curve is one reason for the standard practice of drawing supply curves with P on the vertical axis.