Question
What is a demand curve ?
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Following table represents the demand schedule of households, A, B and C. Derive market demand schedule.
| Price (₹) | Household A (Units) | Household B (Units) | Household C (Units) |
| 8 | 6 | 12 | 22 |
| 7 | 7 | 13 | 23 |
| 6 | 8 | 14 | 24 |
| 5 | 9 | 15 | 25 |
| 4 | 10 | 16 | 26 |
|
Section
|
Mean Marks
|
Number of students
|
|
A
|
75
|
50
|
|
B
|
60
|
60
|
|
C
|
55
|
50
|