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Assume That the Market Demand Curve for a Good Is

question 38

Multiple Choice

Assume that the market demand curve for a good is constructed from a hundred identical individual demand curves.Using the same scale on the graph,the slope of the market demand curve will be _____ and its price elasticity _____ that of the individual demand curves.


Definitions:

Presynaptic Terminal

The end of a nerve fiber where neurotransmitters are released to signal to the next neuron across a synapse.

Synaptic Cleft

The gap between two nerve cells across which neurotransmitters are released to transmit nerve impulses.

Postsynaptic Membrane

The cell membrane opposite the synaptic cleft that receives and responds to neurotransmitters from the presynaptic neuron.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

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