Distinguish The difference between a market demand curve and an individual demand ourve is that the market demand curve A. provides data about many consumers. B. is curved and not straight. C. is usually much shorter than an individual demand curve. D. provides data about only one consumer.

Question

Distinguish The difference between a market demand curve and an individual demand ourve is that the market demand curve A. provides data about many consumers. B. is curved and not straight. C. is usually much shorter than an individual demand curve. D. provides data about only one consumer.

Answer 1

## Step 1The problem is asking us to identify the correct statement that differentiates a market demand curve from an individual demand curve. ## Step 2A market demand curve represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at different price levels. This means it provides data about many consumers.## Step 3On the other hand, an individual demand curve represents the quantity of a good or service that a single consumer is willing and able to purchase at different price levels. This means it provides data about only one consumer.## Step 4Based on the above understanding, we can see that option A is the correct answer because it accurately describes the difference between a market demand curve and an individual demand curve.

Problemas

Distinguish The difference between a market demand curve and an individual demand ourve is that the market demand curve A. provides data about many consumers. B. is curved and not straight. C. is usually much shorter than an individual demand curve. D. provides data about only one consumer.

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