Question
While making a board-room presentation related to sales in different quarters Kshitij made extensive use of graphs. Which advantage of graph is indicated in the above usage?
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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 |
Following table represents the market demand schedule and demand schedule of Ram, Sohan and Mohan:
| Price (R) | Ram (Units) | Sohan (Units) | Mohan (Units) | Market Demand (Units) |
| 3 | 7 | (i) | 8 | 20 |
| 4 | 6 | 4 | (ii) | 16 |
| 5 | 4 | 3 | 3 | (iii) |
| 6 | (iv) | 2 | 1 | 5 |
(Assumption: Market includes three buyers.) Calculate the missing entries.