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
3 (4x + 6) = 21
4x + 6 = 21/3
4x + 6 = 7
4x = 7 - 6
4x = 1
x = 1/4
Answer:
the answer is c
Step-by-step explanation:
In a statistics class, 10 scores were randomly selected with the following results: 74, 73, 77, 77, 71, 68, 65, 77, 67, 66.What
Lunna [17]
Answer:
We conclude that the lower limit of a box-and-whiskers display is 65.
We conclude that the upper limit of a box-and-whiskers display is 77.
Step-by-step explanation:
Definition: A box-and-whisker plot or boxplot is a diagram based on the five-number summarytext annotation indicator of a data set.
In a statistics class, 10 scores were randomly selected with the following results: 74, 73, 77, 77, 71, 68, 65, 77, 67, 66.
We conclude that the lower limit of a box-and-whiskers display is 65.
We conclude that the upper limit of a box-and-whiskers display is 77.
Well suppose you find out that numbers you put in your equation and you solved the equation correctly produces the negative number on your bank account it means nothing except - on your bank account.
