An economist creates a market demand curve primarily to predict how people will change their buying habits when prices change. The demand curve illustrates the relationship between the price of a good and the quantity demanded by consumers, allowing economists to analyze how demand varies with price changes and to predict consumer behavior under different pricing scenarios.
Why does an economist create a market demand curve?
to show how various conditions can change the demand for a good
to predict how people will change their buying habits when prices change
to learn what demands the market will make under unusual conditions
to have an idea of how a market would change if conditions in an area changed
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