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प्रश्न
The market demand curve is a ______ summation of all Individual demand curves:
विकल्प
Vertical
Lateral
Downward
None of the above
उत्तर
The market demand curve is a lateral summation of all Individual demand curves:
Explanation:
The market demand curve is a lateral summation of all individual demand curves. This means that it is obtained by adding the quantities demanded by all individuals at each price level, effectively summing the individual demand curves horizontally.
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संबंधित प्रश्न
What does the graph below indicate?
Assertion (A): If the income of a consumer increases, other things constant, the demand curve for a normal goods shifts to the right.
Reason (R): As income increases, the demand curve for an inferior good shifts to the left.
Assertion (A): Demand curve is downward sloping.
Reason (R): Demand curve slopes downwards from left to the right because price and quantity demanded are inversely related.
Draw a neat labelled diagram of a demand curve.
What does the demand curve given below show?
Explain the following diagram:
Give two reasons for the shift of the demand curve towards the right.
Draw a demand curve on the basis of the following data.
| Price per unit (₹) | 2 | 3 | 4 | 5 | 6 | 7 |
| Quantity demanded (Units) | 1000 | 800 | 700 | 600 | 500 | 200 |
Does a demand curve always have a negative slope? Give three reasons to justify your answer.
With the help of a diagram, show how a market demand curve can be obtained from individual demand curves.
