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Usually market demand curves are 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
How does a market demand curve differ from a demand curve How are they similar?
downward sloping
Is individual demand curve and market demand curve same for identical consumers?
NO
The demand curve any monopolist uses in making output decisions is?
the same as the market demand curve.
What is the shape of the market demand curve?
Usually market demand curves are downward sloping.
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
How does a market demand curve differ from a demand curve How are they similar?
downward sloping
Is individual demand curve and market demand curve same for identical consumers?
NO
The demand curve any monopolist uses in making output decisions is?
the same as the market demand curve.
What is the demand curve faced by a pure monopolist?
The demand curve faced by a pure monopolist is of downward sloping in shape.
What are the limits of demand curve?
Demand curve is only Accurate for one very specific set of market condition.
What is the shape of demand curve in perfect competition?
The demand curve in a perfectly competitive market is U-shaped owing to the fact that as the economies of scale take effect average costs begin to lower down. Finally though, the diseconomies of scales take effect too thereby causing the average costs to go up hence creating a u-shape for the demand curve.
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
What does the market demand curve show?
It shows the demand for the product in relation to the price
What are the forces that cause the demand curve to change?
Supply is the main force that affects the demand curve to change in the economy or in a certain market.
