Examlex
Which of the following below is not one of the four major forms of business entities that are discussed in this chapter?
Market Demand Curve
A graphical representation of the quantity of goods being purchased at different prices within a market.
Individual Demand Curves
Graphs showing the relationship between the price of a good and the quantity of that good a single consumer is willing to buy at various prices.
Horizontal Sum
In economics, the process of aggregating demand curves of different individuals to derive the market demand curve.
Inferior Good
A type of good whose demand decreases as consumers' income rises, contrary to what happens with normal goods.
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