If market demand is 10 units at Rs 5. If there are only 2 consumers and the demand of that consumer is 8 units at Rs 5, what is the demand of the other consumer at Rs 5?
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As we market demand is the sum of individuals demand
here
market demand is 10 units /₹5
and demand of other consumer will be 2
it is because
market demand = demand of first consumer 8 + demand of other consumer
10 = 8+demand of other consumer
10-8=demand of other consumer
demand of other consumer= 2
hope u get your answer
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