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Why market demand curve is flatter than ...

Why market demand curve is flatter than individual demand curve ?

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Market demand curves is flatter than individual demand curves.

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Knowledge Check

  • A demand curve "shifts" due to change in:

    A
    Tastes
    B
    Income
    C
    Price of the related goods
    D
    All the above
  • The slope of demand curve is generally :

    A
    Negative
    B
    Positive
    C
    Constant
    D
    Either (a) or (b)
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    What is Market Demand curve?

    When does a demand curve shift?

    A flatter demand curve is more elastic than a steeper demand curve at the point of intersection.

    If there are two demand curve intersecting each other, which demand curve has greater ealstictly of demand ? Explain.

    Market demand curve is obtained by vertical summation of individual demand curves.

    Are slopes of a demand curve and elasticity curve and elasticity of a demand curve the same thing ?