What is market demand curve?Draw market demand curve for a monopoly firm for 4 marks?
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⏩Market Demand curve is a table showing different quantities of a commodity that all the buyers in the market are ready to buy a different possible prices of the commodity at a point of time .
⏺️The inverse relationship between own price of the commodity and its quantity demand hold good both in case of individual demand schedule and market demand schedule .
➡️Market Demand curve is the horizontal summation of the individual demand curve.
⏩Market Demand curve is a table showing different quantities of a commodity that all the buyers in the market are ready to buy a different possible prices of the commodity at a point of time .
⏺️The inverse relationship between own price of the commodity and its quantity demand hold good both in case of individual demand schedule and market demand schedule .
➡️Market Demand curve is the horizontal summation of the individual demand curve.
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manannarang1313:
nice answer friend or sis
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hlo
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