Illustrate the market supply curve in a diagram


There are 2 hospitals in a rural community. The supply curves of these 2 hospitals are given by the equations below:

Hospital A:                          SA = -80+0.4 P,

Hospital B:                           SB = -90+0.6 P

Where Si is the quantity of hospital services supplied by hospital "i" (A or B) and P is the price of hospital services. Note that SA or SB cannot be negative. Identify the market supply curve and illustrate the market supply curve in a diagram.

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Macroeconomics: Illustrate the market supply curve in a diagram
Reference No:- TGS0872353

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