The Market Demand Curve: Definition, Equation & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The market demand curve is the summation of all the ________ in the market.

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1. At a price of $5 per hot dog, Matt would consume 10 hot dogs, Mindy would consume 6, and Geoff would consume 20. On the market demand curve, what is the quantity demanded at $5?

2. The market demand curve is ________.

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About This Quiz & Worksheet

Some of the questions will give you real life examples of demand. You will need to use the market demand curve to analyze the situation. Other questions will require you to use your knowledge of key terms. These questions will have you fill in the blank.

Quiz & Worksheet Goals

The quiz will test you on the following topics:

  • Market demand curve
  • Representing the market demand curve
  • Calculating the market demand curve

Skills Practiced

You will practice the following skills:

  • Making connections - use understanding of the concept of the market demand curve and its shape
  • Interpreting information - verify that you can read information regarding the market demand curve and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the market demand curve and line graphs

Additional Learning

Make sure to also read the partner lesson. The lesson will cover the following topics:

  • Defining the market demand curve
  • Exploring examples of market demand curves
  • Understanding the market demand curve equation
  • Explaining horizontal summation
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