Individual supply curves are steeper as compared to market supply curv

1.	Individual supply curves are steeper as compared to market supply curve.
Answer» <html><body><p></p>Solution :True. It happens because with a change in <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a>, the <a href="https://interviewquestions.tuteehub.com/tag/proportionate-1170321" style="font-weight:bold;" target="_blank" title="Click to know more about PROPORTIONATE">PROPORTIONATE</a> change in market supply is more than the proportionate change in <a href="https://interviewquestions.tuteehub.com/tag/individual-1041871" style="font-weight:bold;" target="_blank" title="Click to know more about INDIVIDUAL">INDIVIDUAL</a> supply and hence , the price <a href="https://interviewquestions.tuteehub.com/tag/elasticity-14238" style="font-weight:bold;" target="_blank" title="Click to know more about ELASTICITY">ELASTICITY</a> of supply of market supply schedule is greater and thus the <a href="https://interviewquestions.tuteehub.com/tag/steeper-1227264" style="font-weight:bold;" target="_blank" title="Click to know more about STEEPER">STEEPER</a> the curve.</body></html>

Individual supply curves are steeper as compared to market supply curve.