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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
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Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2025 Level I Curriculum, Volume 1, Module 1.