The market demand curve for a product:
A) is the demand of an individual consumer.
B) will lie to the right of all of the individual demand curves for a product.
C) graphically is the vertical sum of the individual demand curves.
D) will lie below all of the individual demand curves for a product.

Question

Quizplus · Accepted Answer

The market demand curve is the horizontal sum of all individual demand curves, representing the total quantity demanded by all consumers at each price level, thus lying to the right of individual demand curves.

The Market Demand Curve for a Product