What is the other name for Individual demand curve
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Individual demand curve is a g"raphical representation" of "corresponding quantities" that is demanded by an individual of a "specific good" at varying "price levels"
Explanation:
- The "price-quantity relationship" can be modeled with demand curves for individual users ( "individual demand curve"), or more generally for all consumers on certain markets ("market demand curve"). Generally, demand curves are assumed to be "downward-sloping".
- The "individual demand curve" represents the quantity of a good which a consumer would purchase at a "given price", "holding all else constant". Individual demand refers to the "interaction" between the "desires (likes & dislikes)" of an individual & the quantity of services/goods he/she can afford.
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Method of adding two individual demand curve is called as - Brainly.in
https://brainly.in/question/4723920
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