Which Best Expresses the Relationship Between the Market and Individual

question 47

Multiple Choice

Which best expresses the relationship between the market and individual demand curves?

• A) The market demand curve is an average of all individual demand curves.
• B) The market demand curve is constructed by multiplying the price times the quantity demanded by each consumer and summing the results.
• C) The market demand curve is found by adding the quantities demanded by each consumer at each possible price.
• D) The market demand curve sums the prices each individual is willing to pay for a given quantity.
• E) Individual demand curves can be found by dividing the market demand by the number of buyers.

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