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प्रश्न
With the help of a diagram, show how a market demand curve can be obtained from individual demand curves.
संक्षेप में उत्तर
आकृति
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उत्तर
Market demand curve is obtained by horizontal summation of individual demand curves which means the sum of quantity demanded, not price.
In the diagram, DA & DB are two demand curves of A and B respectively. Supposing that there are two individuals in the market, market demand curve DM has been derived by taking their horizontal sum. Which means the sum of quantity demanded, not price.
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