At any price market demand curve:
Select one:
a. is steeper than the steepest individual demand curve
b. Is flatter tan the flattest individual demand curve
c. Has a slope that is average of individual demand curve slopes
d. has a horizontal intercept equal to average to individual demand curve horizontal intercepts
Answers
Answered by
1
Answer:
d. has a horizontal intercept equal to average to individual demand curve horizontal intercepts
Explanation:
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Answered by
0
Answer:
(c) Has a slope that is average of individual demand curve slopes
Explanation:
Generally speaking, the market demand curve is a downward slope; that is, as price increases, demand decreases. The reverse of this is also true; as price decreases, demand increases. .
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