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What do you mean by the following concept? Market Supply Curve

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Question

What do you mean by the following concept?

Market Supply Curve

Very Short Answer
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Solution

It represents a graphical depiction of the supply schedule of all firms producing a specific commodity in the market. It serves as the supply curve for the entire industry.

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Chapter 6: Supply and Law of Supply - TEST QUESTIONS [Page 6.19]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 6 Supply and Law of Supply
TEST QUESTIONS | Q A. 26. (iii) | Page 6.19
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