Asked by Enrique Cuevas on May 28, 2024
Verified
Aggregation examples of market demand could include:
A) the demand for home computers by households with or without children.
B) the domestic and foreign demand for wheat.
C) the demands of different demographic groups.
D) all of the above
Market Demand
The total demand for a product or service within a given market, representing the aggregate of individual demands.
Aggregation Examples
Instances of combining multiple items, data, or variables into a single set or summary.
- Gain an understanding of how to develop market demand curves from the summation of individual demand curves.
Verified Answer
DP
dharmesh patelMay 31, 2024
Final Answer :
D
Explanation :
All of the listed options are examples of aggregation of market demand.
Learning Objectives
- Gain an understanding of how to develop market demand curves from the summation of individual demand curves.
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