If household Demand and market demand is equal means
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House hold demand and market demand is not equal
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If the household demand and market demand are equal, there will be only one producer and one customer.
- Household demand is a part of aggregate demand.
- It can be divided into several categories, covering major spending items such as transport, food, clothing etc.
- Market demand is the total demand of quantity across all consumers in a market for a given good.
- Multiple strategies have to get regarded to handle the demand.
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