Question

Demand schedule for three consumers such as Mohan, Rohan and Mitu for a commodity is given below. Derive the market demand schedule.

Price (₹)Demand Schedule of Mohan (Units)Demand Schedule of Rohan (Units)Demand Schedule of Mitu (Units)
1605524
2504013
340255
430100
52000

Answer

Market Demand Schedule

Price (₹)Quantity (Units)
160+55+24=139
250+40+13=103
340+25+5=70
430+10+0=40
520+0+0=20



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