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The market demand for an item is the sum of individual demands. steeper for any given price change than the individual demand curves. independent
The market demand for an item is the sum of individual demands. steeper for any given price change than the individual demand curves. independent of the number of individuals in the market. determined by dividing the quantity demanded by each individual by the number of individuals in the market.
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Service Management Operations Strategy Information Technology
Authors: James Fitzsimmons, Mona Fitzsimmons, Sanjeev Bordoloi
8th Edition
978-1259010651, 78024072, 1259010651, 9780078024078, 978-0077841201
