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
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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
Answer:
-2.5
Step-by-step explanation:
Acceleration; v1-v0/t
v1=55
vo=35
t=10
25/10=2.5
Hello:
an equation for the line is : y =mx +b (m: is a slope )
parallel to the liney=2x+2 ( same slope m =2)
the equation is : y =2x+b
through the point (-1,3) : 3 =2(-1)+b....... b=5
the equation is : y = 2x +5
Using the Pythagoras theorem
8^2 = 5^2 + x^2 where x = 1/2 length of the base
x^2 = 64-25 = 39
x = = sqrt39 = 6.24
so base length = 2*6.24 = 12.5 cm to nearest tenth
