Demand Schedule
Demand Schedule
Similar Questions
Explore conceptually related problems
From the following data regarding individual demand schedules of households A, B and market demand schedule, prepare the demand schedule of household C, assuming that there are only three households in the market {:("Price Rs.",underset(bar("A B C"))("Individual Demand (units)"),"Market demand (units)"),(" 7","20 16 "-," 51"),(" 8","18 15 "-," 46"),(" 9","16 12 "-," 39"),(" 10","13 10 "-," 32"):}
Suppose there are 3 consumers in a particular market : A, B and C. Their demand schedules are given in the following table. Prepare the market demand schedule {:("Price (Rs.)",underset(bar("A B C"))("Individual Demand (units)")),(" 1","60 30 70"),(" 2","40 25 65"),(" 3","32 18 50"),(" 4","25 15 30"),(" 5","18 0 22"):}
Information Through Questionnaires And Schedules
The MR schedule of a monopoly firm is given below. Derive the TR and AR schedules.
The demand function of a commodity x is Q_(x)=12-P_(x) (where Q_(x) = the quantity demanded of a commodity x and P_(x) = price of the commodity x). Derive the TR and MR schedules when the price of commodity varies from ₹ 12 to ₹ 1.
Market for a good is in equilibrium. There is simultaneous "increase" both in demand and supply but there is no change in price. Explain how is it possible. Use a schedule.