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The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good. Options: 1) monotonic 2) indifferent 3) market demand 4) diminishing

Posted by bhavishya kumar at 27 Sep 17 08:00:54am Views: 1007

Correct Answer: market demand

Market demand is the sum of the individual demand for a product from buyers in the market. If more buyers enter the market and they have the ability to pay for items on sale, then market demand at each price level will rise


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