Multiple Choice
Which of the following is true of a market demand curve?
A) It might slope upward if the typical consumer has an upward-sloping individual demand curve.
B) It can never slope upward.
C) It will slope upward if at least one consumer has an upward-sloping individual demand curve.
D) It will slope upward if individual demand curves are inelastic.
Correct Answer:
Verified
Correct Answer:
Verified
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