When we draw a market demand curve, we?
Question
When we draw a market demand curve, we?Options
A)
ignore tastes, incomes and other prices
B)
assumes that tastes, income and prices do not matter
C)
assumes that taste, income and all other prices change in same direction as prices
D)
assume that tastes, incomes and all other prices remain constant
E)
both A and B above
Related Lesson: Shifts of the Demand Curve | Theory of Price Determination
The correct answer is D.
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