Market demand
A)is the horizontal summation of the individual demand curves.
B)slopes downward.
C)shows how market purchases vary with price.
D)both a and b
E)all of the above

Question

Quizplus · Accepted Answer

Market demand is indeed the horizontal summation of individual demand curves, slopes downward due to the law of demand (as price decreases, quantity demanded increases), and shows how market purchases vary with price, incorporating all these aspects.

Market Demand