The sum of all the individual demand curves for a product is called
A)income demand.
B)equilibrium demand.
C)complementary demand.
D)market demand.

Question

Quizplus · Accepted Answer

The sum of all the individual demand curves for a product is called market demand. Market demand is the total quantity of a good or service that all consumers are willing and able to buy at a given price in a specific market. It takes into account the demand of all individuals or groups in the marketplace.

The Sum of All the Individual Demand Curves for a Product