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What is the difference between individual demand curve and market demand?

Anonymous

∙ 12y ago

Updated: 8/22/2023

The market demand gives the total quantity demanded by all consumers. The individual demand is the demand of one individual or firm.

Wiki User

∙ 15y ago

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More answers

Go to your economics book on chapter 4 section 1 . Page 82 there you'll see it. ^.^ good luck

Wiki User

∙ 12y ago

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Continue Learning about Economics

What is individual demand and market demand?

Individual demand is the demand of one individual consumer in the market for a good or service.Market demand is the total combined demand of all consumers in the market for a good or service.

What is the difference between individual supply and market supply?

One says individual and the other says market!

What is difference between individual supply curve and market supply curve?

The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.

What is is the difference between Mercantilism and capitalism?

the major difference between the two is mercantalism is based around the government and capitalism around the individual. Mercantalism depends on a trading market of exporting more than importing to increase the gold and silver of a country. Capitalism has supply and demand.

Is individual demand curve and market demand curve same for identical consumers?

NO

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