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Economics (AS & A Level) · Oct / Nov 2024 · Paper 11 · Question 9

9708Demand and supply curves

What is not held constant when aggregating individual firms' supply curves to give the short-run market supply curve?

  1. Athe number of firms in the industry
  2. Bthe price of the product
  3. Cthe prices of factors of production
  4. Dthe state of technology

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Correct answer: B. the price of the product

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