[Answer] Which of the following is a determinant of market supply but not the supply curve of an individual firm?

Answer: • The number of firms in the market.
Which of the following is a determinant of market supply but not the supply curve of an individual firm?

Economists distinguish between the supply curve of an individual firm and the market supply curve . The market supply curve shows the total quantity supplied by all firms so it is the sum of the quantities supplied by all suppliers at each potential price (that is the individual firms’ supply …

Note: not all assumptions that can be made for individual supply functions translate over to market supply functions directly. The shape of the market supply curve [ edit ] The law of supply dictates that all other things remaining equal an increase in the …

Supply and demand – Wikipedia

Supply and demand – Wikipedia

Supply and demand – Wikipedia

Supply (economics) – Wikipedia

As a type of static analysis it compares two different equilibrium states after the process of adjustment (if any). It does not study the motion towards equilibrium nor the process of the change itself. Comparative statics is commonly used to study changes in supply and demand when analyzing a single market and to study changes in monetary or fiscal policy when analyzing the whole economy.

In essence demand and supply curve (theor…

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