Meaning of competitive industry's short-run supply curve
Competitive industry's short-run supply curve
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Economics terminology
Glossary of economics terms and concepts
Meaning and definition of competitive industry's short-run supply curve
The horizontal summation of the short-run supply curves of the firms in a purely competitive industry (see pure competition), a curve that shows the total quantities offered for sale at various prices by the firms in an industry in the short run.
For the term competitive industry's short-run supply curve may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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