Slide 1Chapter 4 Market Demand and Elasticity Slide 2 2 Market Demand Curves The market demand is the total quantity of a good or service demanded by all potential buyers.…
Slide 1 Copyright (c) 2000 by Harcourt, Inc. All rights reserved. (a) Individual 1 PXPX X P* X* 1 0 FIGURE 4.1: Constructing a Market Demand Curve from Individual Demand…