Answer:
cant see the pic.
Step-by-step explanation:
Answer:
18x okkklllkkkkkkkkkkkkkkkkkkkkkkkkkkmmm
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:
x = 48 and y = 104
Step-by-step explanation:
Given equations are:
From equation 1:
Putting the value of y in equation 2
Now we have to put the value of y in one of the equation to find the value of x
Putting y = 104 in the first equation
Hence,
The solution of the system of equations is x = 48 and y = 104
The value of variable which was assumed for number of hats, is the total number of hats.
