The market demand curve is the horizontal summation of all individual demand curves.

Name: The market demand curve is the horizontal summation of all individual demand curves.
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Question

Quizplus · Accepted Answer

The market demand curve represents the total quantity demanded by all consumers in the market at different prices. It is derived by horizontally adding together the individual demand curves of all consumers in the market. Therefore, the statement is true.

The Market Demand Curve Is the Horizontal Summation of All