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प्रश्न
The market demand curve is a ______ summation of all Individual demand curves:
पर्याय
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
The demand curve is generally ______.
What does the graph below indicate?
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 left.
Give two reasons for the shift of the demand curve towards the right.
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.
Briefly explain any three determinants for the negative slope of the demand curve.
