The market demand curve shows the relationship between the price and the quantity demanded by all consumers,everything else being equal.

Question

Quizplus · Accepted Answer

The market demand curve represents the aggregate demand of all consumers in a market, and it shows the inverse relationship between the price of a good/service and the quantity of the good/service demanded by consumers, assuming that all other factors affecting demand (such as income, preferences, and availability of substitute goods) remain constant. Therefore, option A is correct.

The Market Demand Curve Shows the Relationship Between the Price