Economy, asked by littlebuoy, 6 months ago

Explain market demand with a suitable table and diagram. ]

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Answered by sureshiyshsri

2

Market demand curve refers to the graphical representation of market schedule. It is obtained by the horizontal summation of individual demand curves. We see, that at price 5 the units demanded are 5, when the price is 4, the units demanded is 10 and so on. This shows that as the price decreases the demand increases.

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