EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Demand & Its Determinants · Question 61 of 66

Question 61

MediumOriginal question

Assertion (A): The market demand curve is obtained by adding individual demand curves horizontally.

Reason (R): At each price, market quantity demanded is the sum of individual quantities demanded.

Options for question 61

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Both are true.

  2. Adding quantities at a given price means adding along the horizontal (quantity) axis, so R explains A.

Concept
Horizontal summation
Typical time
70 s
Your time
—
The rule this testsMarket demand
Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.

Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.