Why do the individual demand curves for Peter and Lois have steeper downward slopes than the market demand curve?





a. The market demand curve has a larger change in quantity of coffee demanded than individual curves.

b. The market demand curve has a larger change in coffee prices than individual curves.

c. The market demand curve has a lesser change in quantity of coffee demanded than individual curves.

d. The market demand curve has a lesser change in coffee prices than individual curves.


a. The market demand curve has a larger change in quantity of coffee demanded than individual curves.

Economics

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Economics