A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2012 · Q51 Mark

What is a market demand curve?

Athe demand for all of a country's products

Bthe total sum of individual demand curves for a product

Cthe output of all the firms in an industry

Dthe stocks of a particular good available for sale

✓ Correct answer

B: the total sum of individual demand curves for a product

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2012 Paper 1 Variant 2, question 5.

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