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Explain how the market demand curve …

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Explain how the market demand curve is derived from the individual demand curve.

Posted by Himanshu Didwania 1 year, 1 month ago

CBSE > Class 11 > Economics

1 answers

Devgun Pro 1 year, 1 month ago

The market demand function represents the total quantity of a good demanded by all individuals at each price. It is derived by summing up horizontally the demand curve of each consumer. For each price, the quantity demanded by each consumer is added up horizontally to derive the total quantity demanded in the market.

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Posted by Divyanshu Singh 4 months, 1 week ago

CBSE > Class 11 > Economics