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2 years ago

everyone's indiviaual demand for a particular good or service can be represented by the same demand curve

1 answer:

5 0

The statement "everyone's individual demand for a particular good or service can be represented by the same demand curve " is false. Option B

This is further explained below.

<h3>What is the demand curve?</h3>

Generally, In the field of economics, a demand curve is a graph that illustrates the relationship between the price of a particular commodity and the quantity of that commodity that is demanded at that price. Specifically, the graph shows how the quantity of a commodity is affected by the price of the commodity.

Demand curves may be used to analyze the price-quantity connection for a single customer, or they can be used to analyze the relationship for all consumers in a certain market.

In conclusion, It is a fallacy to assert that "everyone's individual need for a given commodity or service can be represented by the same demand curve."

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kolbaska11 [484]

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The correct choice is C.

EXPLANATION

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4 years ago

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3 years ago

1. BOTANICAL GARDENS One of the displays at a botanical garden is an herb garden planted in the shape of a square. The square me

bija089 [108]

The pathway is 8.46 yards.

<h3>How to find the length of the pathway?</h3>

To find the length of the pathway, it is required to find how long is the diagonal line from one corner of the herb garden to the opposite corner. As shown in the image attached.

The general formula for this is:

d = a√2 or diagonal = side√2

Let's apply this formula:

d= 6 √2
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Learn more about yards in: brainly.com/question/14516546

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