The following graph shows the demand curves for three consumers in the market, as represented by D, D' and D''. The market demand curve will _____.
Figure 6.10

A)be steeper than each of the three individual demand curves
B)be more elastic than each of the three individual demand curves
C)be flatter than each of the three individual demand curves
D)be more inelastic than each of the three individual demand curves
E)lie to the left of the curve D

Question

The following graph shows the demand curves for three consumers in the market, as represented by D, D' and D''. The market demand curve will _____. ​
Figure 6.10

A)be steeper than each of the three individual demand curves 
B)be more elastic than each of the three individual demand curves 
C)be flatter than each of the three individual demand curves 
D)be more inelastic than each of the three individual demand curves 
E)lie to the left of the curve D

Quizplus · Accepted Answer

The Answer of The following graph shows the demand curves for three consumers in the market, as represented by D, D' and D''. The market demand curve will _____. ​
Figure 6.10

A)be steeper than each of the three individual demand curves 
B)be more elastic than each of the three individual demand curves 
C)be flatter than each of the three individual demand curves 
D)be more inelastic than each of the three individual demand curves 
E)lie to the left of the curve D

The Following Graph Shows the Demand Curves for Three Consumers