The market demand is the ________ of the individual demand of all the potential buyers.

Question

Quizplus · Accepted Answer

The market demand is the sum of the individual demand of all the potential buyers. This is because the market demand curve shows the quantity of a good or service that all consumers in a market are willing and able to buy at different prices. To determine the total demand for the good or service in the market, we need to add up the quantities that each individual consumer is willing and able to buy at each price level.

The Market Demand Is the ________ of the Individual Demand