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downward sloping
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Market demand curve?
the market demand curve is the curve related to the demand of the commodity demanded by the group of people to the at different price.
Which market structure is the demand curve of the market represented by the demand curve of the firm?
oligopoly
Is individual demand curve and market demand curve same for identical consumers?
NO
A firm in a monopolistically competitive market is similar to a monopolist in the sense that it?
faces a downward-sloping demand curve
How is a market supply curve similar to and different from an individual supply curve?
how is a market supply curve similar to and diffrent from an individual supply curve
Market demand curve?
the market demand curve is the curve related to the demand of the commodity demanded by the group of people to the at different price.
Which market structure is the demand curve of the market represented by the demand curve of the firm?
oligopoly
Is individual demand curve and market demand curve same for identical consumers?
NO
A firm in a monopolistically competitive market is similar to a monopolist in the sense that it?
faces a downward-sloping demand curve
How is a market supply curve similar to and different from an individual supply curve?
how is a market supply curve similar to and diffrent from an individual supply curve
What is the shape of the market demand curve?
Usually market demand curves are downward sloping.
What is the shape of a market demand curve?
Usually market demand curves are downward sloping.
How is a demand curve similar to a demand schedule?
The demand curve and schedule state the same information as each other.
How is a a demand curve similar to a demand schedule?
The demand curve and schedule state the same information as each other.
The demand curve any monopolist uses in making output decisions is?
the same as the market demand curve.
What are the limits of demand curve?
Demand curve is only Accurate for one very specific set of market condition.
If the demand curve shifts to the right, how does this impact the market equilibrium"?
When the demand curve shifts to the right, it indicates an increase in demand for the product. This leads to a higher equilibrium price and quantity in the market.
