Draw supply curve to represent combined supply of two firms
Consider the supply curves of two firms in a competitive industry: P=1q1; P=2q2. On a diagram, draw these two supply curves (remember they are really MC curves). Now draw a supply curve that represents the combined supply of these two firms.
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On a diagram, draw these two supply curves (remember they are really MC curves). Now draw a supply curve that represents the combined supply of these two firms.
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