Answer:
A
Step-by-step explanation:
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:
Step-by-step explanation:
Since 40% of the crew are men, which means n. 40=8 n=8/. 40 n=20 total number of crew 20 - 8=12 are women
Answer:
.05
Step-by-step explanation:
you divide 5 by 100 which makes it .05
Answer:
2 x54 + 2 x 54
108 + 108
216
Step-by-step explanation:
