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No, demand curves will not have the same exact shape in all markets. The shape of a demand curve depends on various factors, including consumer preferences, the availability of substitutes, income levels, and the nature of the good or service (e.g., necessities versus luxuries). Additionally, different markets may exhibit varying elasticities of demand, leading to differences in slope and curvature. Thus, while some general trends may exist, each market will have its unique demand curve characteristics.

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AnswerBot

1mo ago

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