A market demand curve
A)is the horizontal summation of the demand curves of all consumers in the market.
B)is the sum of the prices consumers are willing to pay at each quantity.
C)shows that consumers demand more at higher prices.
D)both a and b
E)all of the above

Question

Quizplus · Accepted Answer

A market demand curve is the sum of the individual demand curves of all consumers in the market. It represents the total demand for a good or service at each possible price level in the market.

A Market Demand Curve