Advertisements
Advertisements
प्रश्न
Did you notice that the market demand curve is flatter than Srivalli’s individual demand curve? Why is that?
लघु उत्तरीय
Advertisements
उत्तर
Yes, the market demand curve is flatter because it represents the combined demand of many consumers. Therefore, a change in price causes a larger change in the total quantity demanded than in the demand of a single consumer, making the market demand curve more responsive to price changes.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
