Chapter 3 -(A) Demand Analysis [Latest edition] Q.5. 1. Observe the following table and answer the following question

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 3 -(A) Demand Analysis [Latest edition]

Q.5. 1. Observe the following table and answer the following question:

Quantity demanded
Price per kg in ₹	Consumer A	Consumer B	Consumer C	Market demand (in kgs.) (A + B + C)
25	16	15	12
30	12	11	10
35	10	09	08
40	08	06	04

Draw market demand curve based on above market demand schedule.

SOLUTION: -

Quantity demanded
Price per kg in ₹	Consumer A	Consumer B	Consumer C	Market demand (in kgs.) (A + B + C)
25	16	15	12	43
30	12	11	10	33
35	10	09	08	27
40	08	06	04	18