A market demand curve is the:
A)Horizontal summation of individual demand curves.
B)Summation of the quantities each individual in the market is willing and able to purchase, for every price.
C)The summation of individual demand curves, allowing income to vary.
D)a and b
E)a and C

Question

Quizplus · Accepted Answer

The market demand curve is derived by horizontally summing the individual demand curves, which means adding the quantities demanded by all individuals at each price level. This process effectively combines both A) and B), making D) the correct answer.

A Market Demand Curve Is The