Even if all individual demand curves are downwardly sloped, the market demand curve may slope upward.

Name: Even if all individual demand curves are downwardly sloped, the market demand curve may slope upward.
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Question

Quizplus · Accepted Answer

The market demand curve, which aggregates individual demand curves, also slopes downward, reflecting the law of demand that states as price decreases, quantity demanded increases, and vice versa.

Even If All Individual Demand Curves Are Downwardly Sloped, the Market