Individual demand schedule and Market demand schedule. - Vidyadip

Question

Individual demand schedule and Market demand schedule.

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Answer

Individual demand schedule is a table showing the quantities of a commodity demanded by a consumer at different prices at a given time whereas market demand schedule is a table showing the quantity demanded by all consumers of a commodity at different prices at a given time.

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Units Produced	TP (in ₹)	AP (in ₹)	MP (in ₹)
1	100	-	-
2	-	-	140
3	-	140	-
4	480	-	-

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