Adding up the quantities demanded of a good by different people facing the same price gives us the ?

Related Mcqs:

Market equilibrium exists when _________ at the prevailing price?

A. quantity demanded equals quantity supplied B. quantity demanded is less than quantity supplied C. quantity supplied is greater than quantity demanded D. quantity demanded is greater than quantity supplied...

A shift in aggregate supply is likely to ?

A. Reduce the general price level and reduce national income B. Reduce the general price level and increase national income C. Increase the general price level and reduce national income D. Increase the general price level and increase national income...

If both marginal cost and marginal revenue increase, a firm ?

A. Should increase output B. Should reduce output C. will require further information on how to respond D. Should not change output...

An increase in price all other things unchanged leads to ?

A. Shift demand outwards B. Shift demand inwards C. A contractions of demand D. An extension of demand...

If your income doubles and the prices of the goods you buy double then your demand for these goods will likely?

A. increase B. not change C. decrease D. shift...