The market demand curve is:
A) the vertical summation of the individual demand curves.
B) the horizontal summation of the individual demand curves.
C) the sum of the prices that each consumer is willing to pay for each quantity of output.
D) the sum of the quantities that each consumer is willing to buy at each price.
E) b and d

Question

Quizplus · Accepted Answer

The market demand curve is derived by horizontally summing the individual demand curves, which means adding the quantities that all consumers are willing to buy at each price level. This process reflects both choice B and D's descriptions.

The Market Demand Curve Is