Question content area top

Part $1$

How do we determine the market supply curve in the short$$ run?

Question content area bottom

Part $1$

The market supply curve in the short run is$\_\_\_\_\_\_\_.$

A$.$

the same as the average total cost curve for the entire industry

B$.$

an$$ upward$-$sloping curve that shows that as the market price rises the quantity supplied increases

C$.$

the same as the horizontal sum of the$$ firms' marginal cost curves

D$.$

horizontal at the shutdown price and upward sloping at prices above the shutdown point