Consider a market where there are just two consumers and suppose their demand for the good are given as follows :
`{:("Price (Rs.)","Demand"_(1),"Demand"_(2)),(1,9,24),(2,8,20),(3,7,18),(4,6,16),(5,5,14),(6,4,12):}`
Calculate the market demand for the good.

Suppose there are 20 consumers for a good and they have identical demand functions : d(p) = 10 -3p for any price less than or equal to (10)/(3) and d_(1)(p) 0 at any price greater than (10)/(3) . What is the market demand funciton ?

Suppose there are two consumers in the market for a good and their demand functions are as follows : ** d_(1)(p)=20-p for any price less than or equal to 15, and d_(1)(p) =0 at ant price greater than 15. ** d_(2)(p) = 30-2p for any price less than or equal to 15 and d_(1)(p)=0 at any price greater than 15. Find out the market demand function.

Prepare the market demand schedule from the given demands of individuals. (Assuming that there are only three individuals X,Y and Z in the market) {:("Price Rs. Demand (X) Demand (Y) Demand (Z)"),(" 4 10 5 4"),(" 5 8 4 3"),(" 6 6 3 2"),(" 7 4 2 1"):}

Price of a good rises from Rs.5 to Rs. 6 per unit but it had no effect on demand of that good. Calculate price elasticity of demand of the good.

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"):}

The market demand for a good at ₹ 4 per unit is 100 units. Due to increase in price, the market demand falls to 75 units. Find out the new price, elasticity of demand is (-)1.