single consumer: individual demand:: many consumers:_____
complete the correlation
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many consumers : group demand
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Single consumer: individual demand:: many consumers: Market Demand.
- The entire amount of money spent by all buyers is known as market demand.
- It is the aggregate or total of all customer desires for a product on the market at various prices.
- Whereas, individual represents the total demand for a commodity by a specific person. The arise as per the affordability of a particular commodity.
- Thus, the complete correlation is Single consumer: individual demand:: many consumers: Market Demand.
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