oligopoly
NO
downward sloping
Usually market demand curves are downward sloping.
the same as the market demand curve.
oligopoly
NO
downward sloping
Usually market demand curves are downward sloping.
Usually market demand curves are downward sloping.
the same as the market demand curve.
Demand curve is only Accurate for one very specific set of market condition.
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
It shows the demand for the product in relation to the price
Supply is the main force that affects the demand curve to change in the economy or in a certain market.
The MArket Demand Curve
the market demand is curved from the top left to the bottom right hand side corner.