Suppose you are a small business owner. How would a market demand schedule or a market demand curve be useful?

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asked Sep 27, 2018 86.3k views

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Wildhaber · Answer 1 · 2018-10-02T11:29:11+0000

Because the market demand curve is the summation of all the individual demand curves in a given market. It shows the quantity demanded of the good by all individuals at varying price points. In other words, it shows the relationship between consumer demand and price.

Suppose you are a small business owner. How would a market demand schedule or a market demand curve be useful?

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