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Individual Demand and Market Demand
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Individual Demand and Market Demand
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3. Supply and Demand / Individual Demand and Market Demand / Problem 1
Problem 1
If one consumer's demand decreases significantly, how might this affect the market demand curve?
A
It makes the market demand curve steeper.
B
It shifts the market demand curve to the left.
C
It shifts the market demand curve to the right.
D
It has no effect on the market demand curve.
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