A market demand curve is constructed by
A) a horizontal summation of each individual demand curve.
B) averaging each individual demand curve.
C) dividing one individual demand curve by the number of consumers in the market.
D) a vertical summation of each individual demand curve.

Question

Quizplus · Accepted Answer

A market demand curve is constructed by horizontally summing the individual demand curves of all consumers in the market, which means adding the quantities demanded by all consumers at each price level.

A Market Demand Curve Is Constructed by