Explain the difference between an individual demand curve and a market demand curve.

an individual demand curve

a. relates the quantity of a good that a single consumer will buy to its price, while a market demand curve is all the individual demand curves multiplied together.

b. relates the quantity of a good that a single consumer will buy to its price, while a market demand curve relates the quantity of a good that all consumers in a market will buy to its price.

c. relates the quantity of a good that consumers in a market will buy at one particular price, while a market demand curve relates the quantity of a good that consumers in a market will buy at all prices.

d. both a and b are correct.

e. both b and c are correct.

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered