Question: Market demand is derived by _ _ _ _ _ _ _ _ _ _ . Part 2 A . dividing each buyer's demand by
Market demand is derived by
Part
A
dividing each buyer's demand by the total number of consumers in the market.
B
adding up both the prices each buyer pays and the quantities that each buyer demands.
C
fixing the price and adding up the quantities that each buyer demands.
D
fixing the quantity and adding up the prices that each buyer pays.
Part
Does the shape of the market demand curve differ from the shape of an individual demand curve?
Part
A
No they both tend to be upwardsloping curves.
B
Yes individual demand curves tend to be downwardsloping, while market demand curves are upwardsloping.
C
No they both tend to be downwardsloping curves.
D
Yes individual demand curves tend to be upwardsloping, while market demand curves are horizontal.
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