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
#SPJ1
Complete Question
Everyone's indiviaual demand for a particular good or service can be represented by the same demand curve
True or false
8 + 3b= -13
-8. -8
3b= -21
Divide by 3
B= -7
Answer:
Step-by-step explanation:
183.5
Answer:
-21/35
Step-by-step explanation:
So, 7/5 is a postive number, since it doesn't have a negative - sign in front of it. On the other hand, -21/35 does. Knowing this, we can conclude that -21/35 is smaller than 7/5.
If you want another way of thinking about it, just guessing, what is 7/5? Well, 7 is bigger than 5, so it must be at least 1. On the other hand, with -21/35, the -21 doesnt look like its bigger than 35, so it must be smaller than 1.
Answer:
<u>-21/35 is smaller than 7/5 </u>
<u></u>
<u>Ti⊂k∫∈s ω∅∅p</u>
