A Market Demand Curve Is Constructed by

question 17

Multiple Choice

A market demand curve is constructed by

• A) a vertical summation of each individual demand curve.
• B) dividing one individual demand curve by the number of consumers in the market.
• C) averaging each individual demand curve.
• D) a horizontal summation of each individual demand curve.

---

Definitions:

Utilitarianism

A philosophical theory that suggests the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Toxic Environment

Conditions in a workplace or other environment that are harmful to employees' or inhabitants' health, well-being, or performance, often due to dangerous chemicals or a hostile work culture.

Whistleblowing

The act of exposing wrongful, unethical, or illegal activities within an organization to those in authority or the general public.

Goodwill

An intangible asset reflecting the value of a business above its tangible assets and liabilities, often associated with its brand, customer base, and reputation.