Question

How individual, market and firm demand are mutually related to each other?

Answer 1

Explanation:

The market supply curve and the market demand curve intersect at a quantity and price that are agreeable to both consumers and producers. ... The same company would like to sell its current TVs for $10,000 each, but then it would sell zero because consumers could not afford to pay for them.....

Answer 2

Answer -

____________________________________

• The market supply curve and the market demand curve intersect at a quantity and price that are agreeable to both consumers and producers. ... The same company would like to sell its current TVs for $10,000 each, but then it would sell zero because consumers could not afford to pay for them.

____________________________________

→ Hope it will help you ❣️❣️