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प्रश्न
Using hypothetical data show a market demand schedule.
उत्तर
The demand schedule summarises the information on prices and quantities demanded. It shows different quantities of a commodity demanded (per period of time) at different prices (per unit of the commodity).
| Price of Sugar ₹(per kg) | Demand by Consumer A (kg per month) | Demand by Consumer B (kg per month) | Demand by Consumer C (kg per month) | Market Demand (kg per month) A + B + C |
| 30 | 1 | 2 | 3 | 6 |
| 29 | 2 | 3 | 4 | 9 |
| 28 | 3 | 4 | 5 | 12 |
| 27 | 4 | 5 | 6 | 15 |
| 26 | 5 | 6 | 7 | 18 |
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संबंधित प्रश्न
With the help of suitable diagram explain the meaning of rightward shift in the demand curve. Explain briefly any two of its determinants.
Complete the following demand schedule:
| Price (in ₹) | Quantity of mangoes demanded (in kg) |
| 350 | 2 |
| 300 | |
| 250 | |
| 200 | |
| 150 | |
| 100 |
State the impact of the following changes on the demand curve of a commodity:
Increase in the price of a complementary commodity
With the help of a hypothetical table, draw the demand curve of a commodity.
How is the market demand curve derived from the individual demand curves?
Briefly explain any three determinants for the negative slope of the demand curve.
Explain the diagram given below.
Define individual demand.
Define an individual demand schedule.
Define market demand.
