Distinguish between Individual demand and Market demand.
Economics Class11 unit 2
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Individual demand is influenced by an individual's age, sex, income, habits, expectations and the prices of competing goods in the marketplace. Market demand is influenced by the same factors, but on a broader scale – the taste, habits and expectations of a community and so on.
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Individual demand:it is influenced by individual age and so on
Market demand:it is influenced by the same factor not the border scale
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