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Makovka662 [10]
2 years ago
11

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

Mathematics
1 answer:
bija089 [108]2 years ago
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."

Read more about Demand curves

brainly.com/question/13131242

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Complete Question

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

True or false

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A

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3 0
4 years ago
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sdas [7]

Answer:

1296 apples.

Step-by-step explanation:  

We have been given that a truck has 4 crates of apples each crate has an equal number of apples all together the truck is carrying 1728 apples.

First of all let us figure out the number apples in one crate by dividing 1728 by 4.

\text{Number of apples in one crate}=\frac{1728}{4}

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Now we will multiply number of apples in one crate by 3 to find the number of apples in 3 crates.

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Therefore, there are 1296 apples in 3 crates.


3 0
3 years ago
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