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The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.

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What is the difference between individual supply and market supply?

One says individual and the other says market!


What is the difference between individual supply of labour curve and market supply of labour curve?

The individual supply of labor curve represents the relationship between the wage rate and the quantity of labor an individual is willing to supply, reflecting personal preferences and constraints. In contrast, the market supply of labor curve aggregates the individual supply curves of all workers in the market, illustrating the total quantity of labor supplied at various wage rates. While the individual curve is based on personal factors like skill level and circumstances, the market curve reflects broader trends and influences, including overall demand for labor and economic conditions.


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What is is the difference between Mercantilism and capitalism?

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What is the difference between supply schedule and market supply schedule?

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How is a market supply curve similar to an individual supply curve?

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Which of the following is a determinant of market supply curve but not a determinant of an individual seller's supply?

number of sellers


How is the market supply curve derived from the supply curve of individual producers?

By simply adding them together.


What is the difference between excess demand and excess supply?

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What is the difference between administered prices and market prices?

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