Showing posts with label demand curve. Show all posts
Showing posts with label demand curve. Show all posts

Market Demand

Market demand
Market demand composes of the sum of the demand made by all the people in market. Suppose there are only 2 consumers in the market A and B. So,
Market Demand = Demand by A + Demand by B

Market demand can be explained with the following table and curves.

· The Market Demand curve is the sum of demands of all the consumers in the market.

· Market demand curve follows a negative relation with the price.





**If you like it, then please leave a comment