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Construct a demand schedule showing relationship between price and quantity demanded. - Economic Applications

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Question

Construct a demand schedule showing relationship between price and quantity demanded.

Chart

Solution

Hypothetical Individual Demand Schedule

Price (in ₹) Quantity demanded (in units)
5 1
4 2
3 3
2 4
1 5

Individual demand curve DD is according to individual demand schedule.

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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 21]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 18. | Page 21

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