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NARRBEGIN: Exhibit 6-17 Exhibit 6-17

Question 161

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NARRBEGIN: Exhibit 6-17
Exhibit 6-17
NARRBEGIN: Exhibit 6-17 Exhibit 6-17    -Refer to exhibit 6-17. If D, D' and D'' represent the demand curves for the only three consumers in a market, then the market demand curve will be more _________ than each of the three individual demand curves. A)  steep (slope will be more negative)  B)  elastic C)  flat (slope will be less negative)  D)  inelastic E)  both a and d
-Refer to exhibit 6-17. If D, D' and D'' represent the demand curves for the only three consumers in a market, then the market demand curve will be more _________ than each of the three individual demand curves.


A) steep (slope will be more negative)
B) elastic
C) flat (slope will be less negative)
D) inelastic
E) both a and d

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