The market demand for a good is
A) the horizontal sum of all individual demand curves for the good.
B) generally upward sloping, unlike individual demand curves.
C) usually a vertical line at a quantity of one hundred.
D) the average amount purchased by each individual in the market.

Question

Quizplus · Accepted Answer

The market demand for a good is the horizontal sum of all individual demand curves for the good. This means that the market demand represents the total quantity of a good that all consumers are willing and able to buy at a given price.

The Market Demand for a Good Is