The market demand curve shows

the effect on market supply of a change in the demand for a good or service.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

the quantity of a good that consumers would like to purchase at different prices.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

the marginal cost of producing and selling different quantities of a good.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

the effect of advertising expenditures on the market price of a good.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
the quantity of a good that consumers would like to purchase at different prices.

The market demand curve shows the quantity of a good that consumers would like to purchase at different prices.

Suggest Corrections

Similar questions

Q. Market for a good is in equilibrium. What is the effect on equilibrium price and quantity if both market demand and market supply of the good increase in the same proportion? Use diagram.

The market for a good is in equilibrium. What is the effect on equilibrium price and quantity if the increase in market demand is less than the increase in market supply?

The market price where quantities of goods and quantities supplied is equal to quantities of goods and quantities in demand is ____________.

What is market demand? State four factors causing increase in market demand.

Explain the influence of the following on price elasticity of demand of a good:

(i) Substitute goods.

(ii) Own price of the good

Q. Supply is the quantity of goods and services readily available for sale in the market at a given price. Supply is decided by ____.

Join BYJU'S Learning Program

The market demand curve shows

The correct option is B the quantity of a good that consumers would like to purchase at different prices. The market demand curve shows the quantity of a good that consumers would like to purchase at different prices.

The correct option is B
the quantity of a good that consumers would like to purchase at different prices.

The market demand curve shows the quantity of a good that consumers would like to purchase at different prices.