Individual and market demand curves

Key Questions

• How is an individual market curve different than a market demand curve?

  The market demand curve is the sum of all individual demand curves.

  Considering demand graphed in the following form - quantity in axe x, and prices in the axe y -, market demand can be interpreted as the horizontal sum of individual demands.

  Guilherme N. · 1 · May 13 2015

• How does market size affect an individual or market demand curve?
• How does the demand curve change if there is an increase in the quantity demanded?
• How is an individual market curve different than a market demand curve?
• How can price discrimination benefit both consumers and producers?
• How do u find marginal revenue?
• Why is marginal revenue less than price in a monopoly?
• What is an indifference curve?
• Why is are demand curves concave?