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Question
The market demand curve is a ______ summation of all individual demand curves.
Options
Vertical
Horizontal
Downward
None of these
Solution
The market demand curve is a horizontal summation of all individual demand curves.
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| Price per Kg (in ₹) | Quantity Demanded (Apples) in Kg. | ||||
| Shyam | Sita | Renu | Ahmed | John | |
| 25.00 | 16 | 15 | 12 | 14 | 18 |
| 30.00 | 12 | 11 | 10 | 8 | 15 |
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