How is the market demand curve determined?
A) by subtracting the individual demands curves from the supply curve
B) by horizontally summing the individual demand curves
C) by vertically summing the individual demand curves
D) by averaging all the individual demand curves

Question

Quizplus · Accepted Answer

The market demand curve is determined by horizontally summing the individual demand curves. This involves adding up the quantity demanded at each price point for all consumers in the market. This results in a single demand curve that shows the total amount of a good or service that all consumers in the market are willing to buy at each price level.

How Is the Market Demand Curve Determined