Economics: Deriving Individual and Aggregate Demand Curves
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Understanding Individual and Aggregate Demand Curves in Economics

Prompt

Generate an economics graph with three demand curves representing two individual's demand for commodity X and the aggregate demand. The individual demand curves are based on their respective demand equations, Qdx = 8-Px for individual 1 and Qdx = 10-Px for individual 2. Draw these curves on an X-Y graph where 'X' axis represents 'Quantity demanded for Commodity X (Qdx)' and 'Y' axis represents 'Price (Px)'. The aggregate demand curve should be the summed demand of the two individuals. Label all three curves distinctly.

Created on 3/3/2024 using DALL-E 3 modelReport
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