Question

Difference between individual and market demand in tabular form

Answer 1

Explanation:

Difference between Individual and Market Demand. In an economic context, demand is defined as the quantity of a specific good or service that consumers are willing and able to buy over a given period of time. As you can tell, this definition looks at all consumers combined (i.e. aggregated data).

Answer 2

Answer:

Market demand describes the quantity of a particular good or service that all consumers in a market are willing and able to buy. In other words, it represents the sum of all individual demands for a particular good or service. Again, this is a lot easier to understand if we look at the corresponding demand curve.