The market demand curve is
a. any individual's demand curve multiplied by the number of consumers in the market
b. the relationship between income and quantity demanded
c. the horizontal sum of the individual demand curves for all consumers in the market
d. the vertical summation of all individual demand curves
e. the sum of prices paid at each quantity demanded
C
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Answer the next question on the basis of the following table in which columns (1) and (2) indicate the transactions demand (Dt) for money and columns (1) and (3) show the asset demand (Da) for money.(1)Interest Rate(2)Dt(3)Da12%$100$010100208100406100604100802100100If the money supply is $160, the equilibrium interest rate will be
A. 8%. B. 4%. C. 10%. D. 6%.
In the above table, the marginal product of the second worker is
A) 1. B) 2. C) 3. D) 4.
Fractional reserve banking began as a result of the search for additional profits
a. True b. False Indicate whether the statement is true or false
Refer to Scenario 3.1 below to answer the question(s) that follow.SCENARIO 3.1-Streaming movies and movies shown in theaters are substitutes. -Streaming movies and OLED TVs are complements. -OLED TVs and movies shown in theaters are normal goods. -People watch streaming movies more often in the winter than in the summer.Refer to Scenario 3.1. Most OLED TVs sold in the United States are imported from Asia. If the United States government eliminates a quota that reduced the number of OLED TVs that can be imported into the United States, ceteris paribus, what would happen?
A. The price of OLED TVs would decrease and the price of streaming movies would increase. B. The price of OLED TVs and the price of streaming movies would increase. C. The price of OLED TVs would increase and the price of streaming movies would decrease. D. The price of OLED TVs and the price of streaming movies would decrease.