Ask Question
BusinessBusiness
22 February, 13:46

The market demand curve a. shows the average quantity demanded by individual demanders at each price. b. is the demand curve for every product in an industry. c. is the sum of all individual demand curves. d. is always flatter than an individual demand curve.

+5
Answers (1)
  1. 22 February, 14:02
    0
    The correct answer is option c.

    Explanation:

    A market demand curve shows the quantity demanded at different prices by all individuals. It is the summation of individual demand curves.

    The downward-sloping curve shows the relationship between the price level and the quantity demanded. That when the price level increases, the quantity demanded decreases and vice versa. The other factors such as population, income, price of other goods, tastes and preferences are assumed to be constant.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The market demand curve a. shows the average quantity demanded by individual demanders at each price. b. is the demand curve for every ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Adjusting Entries for Interest The following note transactions occurred during the year for Towne Company: Nov. 25 Towne issued a 90-day, nine percent note payable for $8,000 to Hyatt Company for merchandise. Dec.
Answers (1)
How much are ball pythons worth
Answers (1)
The data listed here are the weights (in kilograms) of 27 packages of ground beef in a supermarket meat display: 1.08 0.99 0.97 1.18 1.41 1.28 0.83 1.06 1.14 1.38 0.750.96 1.08 0.87 0.89 0.89 0.96 1.12 1.120.93 1.24 0.89 0.98 1.14 0.92 1.18 1.17 a.
Answers (1)
Match the type of market structure with each example. A. Pure competition B. Near monopoly C. Monopolistic competition D. Oligopoly Computer operating systems Fast food restaurants Online auctioning Car makers
Answers (1)
You purchased a bond 81 days ago for $921.95. You received an interest payment of $32.00 74 days ago. Today the bond's price is $1,047.64. What is the holding period return (HPR) on the bond as of today?
Answers (1)
New Questions in Business
Halestorm Corporation's common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. What is the company's cost of equity capita?
Answers (1)
A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level. a. true b. false
Answers (1)
A company sells two products with information as follows: A B Sales price per unit $12 $22 Variable cost per unit $10 $10The products are machine made.
Answers (1)
The structural support structure must lift the pipeline above the ground to allow free passage of wildlife under the pipeline. The loading on each truss support must be determined by calculating the weight of oil and of the pipe over each support.
Answers (1)
How is a gas different from a solid or a liquid? A. A gas is made of tiny particles. B. A gas has volume. C. A gas expands to fill the container. D. A gas has density. TY
Answers (1)
Home » Business » The market demand curve a. shows the average quantity demanded by individual demanders at each price. b. is the demand curve for every product in an industry. c. is the sum of all individual demand curves. d.
Sign Up Forgot Password?