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Differentiate between market supply and curve and individual supply and curve |
Answer» \t <div align="CENTER" class="western">Individual Supply</div> <div align="CENTER" class="western">Market Supply</div> <div class="western">It represents the quantities supplied, at different prices, by an individual firm or producer.</div> <div class="western">It represents the aggregate quantities, supplied at different prices, by all the firms or producers.</div> <div class="western">The individual supply curve is relatively steeper.</div> <div class="western">The market supply curve is relatively flatter.</div> \t | |