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Let there be two consumers A and B in th...

Let there be two consumers A and B in the market for a good. Their demand functions are given below. Find out the market demand function:
(i) `d_(A)(P) =20-P` for `ple20` and `d_(A)(P)=0` if `P gt 20`
(ii) `d_(B)(P)=30-2P` for `P le 15` and `d_(B)(P)=0` if `P gt 15`

Text Solution

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`d_(m)(P)=50-3P` for `Ple50//3` and `d_(m)(P)=0` if `P gt 20`
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