Multiple Choice
Siti is one of many consumers in the yellow onion market. Which of the following statements is (are) TRUE?
I. Siti's demand curve must have the same slope as that of the market demand curve.
II. Siti's demand curve must be to the right of the market demand curve.
III. Siti's demand curve is either as flat as or flatter than the market demand curve.
A) II and III
B) I
C) II
D) III
Correct Answer:
Verified
Correct Answer:
Verified
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