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प्रश्न
True or False with Reasons:
Market demand curve is flatter than individual demand curves.
चूक किंवा बरोबर
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उत्तर
This statement is true.
Reason:
- A market demand curve combines the demands of many consumers.
- As price changes, the proportionate change in market demand is generally greater than that in individual demand, making the market curve flatter.
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