How is the market demand curve determined? O by subtracting the individual demands curves from the supply curve by horizontally summing the individual demand curves by vertically summing the individual demand curves by averaging all the individual demand curves

How is the market demand curve determined? O by subtracting the individual demands curves from the supply curve by horizontally summing the individual demand curves by vertically summing the individual demand curves by averaging all the individual demand curves

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter5: Consumer Choice: Individual And Market Demand

Section: Chapter Questions

Problem 6TY

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Question

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

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