When Economists Refer to a Market Demand Curve, They Mean

question 228

Multiple Choice

When economists refer to a market demand curve, they mean that it represents

• A) the horizontal summation of individual demand curves.
• B) the vertical summation of individual demand curves.
• C) the quantity demanded by any individual consumer, multiplied by the number of consumers.
• D) None of the answers is correct.

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Definitions:

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Urban Area

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