GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The collective demand of all persons in the market is referred as
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Market Demand Schedule
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Demand curve
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Both (a) and (b)
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None of these
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Explanation:
Detailed explanation-1: -In economics, a market demand schedule is a tabulation of the quantity of a good that all consumers in a market will purchase at a given price. At any given price, the corresponding value on the demand schedule is the sum of all consumers’ quantities demanded at that price.
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