What is the industry supply curve

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Reference no: EM131159685

Suppose an industry has 100 firms, each with supply curve P = 50 + 10Q. Furthermore, suppose the market demand curve is given by P = 200 - 0.9Q. What is the industry supply curve?

A. P = 500 + Q

B. P = 50 + 0.1Q

C. P = -500 + 10P

D. P = 50 + 10 Q

Reference no: EM131159685

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