Home
Class 12
ECONOMICS
Why market demand curve is flatter?...

Why market demand curve is flatter?

Text Solution

Verified by Experts

Market demand curve is flatter than the individual demand curves because as price falls, proportionate rise in market demand is more than proportionate rise in individual.
Promotional Banner

Topper's Solved these Questions

  • COST

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|137 Videos

  • ELASTICITY OF DEMAND

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|114 Videos

Similar Questions

Explore conceptually related problems

In order to encourage tourism in Goa, Indian Airlines reduces the air fare to Goa. How will it affect market demand curve for air travel to Goa?

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Give one reason for a shift in demand curve.

    Text Solution

    |

  2. What determines the quantity of a good that the buyers demand for?

    Text Solution

    |

  3. Why market demand curve is flatter?

    Text Solution

    |

  4. Ceteris Paribus, if the government provides subsidies on electricity b...

    Text Solution

    |

  5. Demand for a commodity refer to :

    Text Solution

    |

  6. Contraction of demand is the result of:

    Text Solution

    |

  7. All but one of the following are assumed to remain the same while draw...

    Text Solution

    |

  8. Which of the following pairs of goods is an example of substitutes ?

    Text Solution

    |

  9. The law of Demand, assuming other things to remain constant, establish...

    Text Solution

    |

  10. If regardless of changes in its price, the quantity demanded of a good...

    Text Solution

    |

  11. Suppose the price of pepsi increases, we will expect the demand cur...

    Text Solution

    |

  12. All of the following items are determinants of demand except:

    Text Solution

    |

  13. A movement along the demand curve for soft drinks is best described ...

    Text Solution

    |

  14. If the price of Pepsi decreases relative to the price of Coke and 7-UP...

    Text Solution

    |

  15. The price of tomatoes increases and people buy tomato puree. You infer...

    Text Solution

    |

  16. Potato chips and popcorn are substitutes.A rise in the price of potato...

    Text Solution

    |

  17. When total demand for a commodity whose price has fallen increases, i...

    Text Solution

    |

  18. With a fall in the price of a commodity:

    Text Solution

    |

  19. Goods that exhibit direct price-demand relationship are called:

    Text Solution

    |

  20. In case of Giffen goods, the demand curve will be :

    Text Solution

    |