2.4.3 Individual and market supply
Unit 2.4.3 - Individual and market supplyThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the link between individual and market supply in terms of aggregation.Individual supply refers to the quantity that a firm is able and willing to sell at given prices.The market supply refers to the sum of all individual supply at each given price, as shown in the diagram below.
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