Question

Quantities listed in market demand schedules are ______________ those found in individual demand schedules.. Answer. A. smaller than. .B. larger than. .C. the same as. D. none of the above.

Answer 1

The correct answer to this question is this one: "B. larger than." Quantities listed in market demand schedules are larger than those found in individual demand schedules. I just took the exam recently and that is the correct answer. Hope that helps answer your question.

Answer 2

Answer:

C. the same as

Explanation:

Total market demand, called aggregate demand, is the sum of all individual demands of economic agents (households, companies, and government). This is a conceptual rule that always applies to any type of market. For example, in the mobile phone market. Imagine that families demanded 100 units, firms demanded 80 units, and the government demanded 50 units. The aggregate demand will be the sum of all demands, in which case it will be 100 + 80 + 50 = 230. Therefore, the total demand will always be the same as the summed individual demands.