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प्रश्न
Complete the following individual demand schedule.
| Price in (₹) | Quantity of sugar Demanded in Kgs |
| 5 | 20 |
| 6 | ______ |
| 7 | ______ |
| 8 | ______ |
| 9 | ______ |
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उत्तर
To complete the individual demand schedule for sugar, you can follow the hint provided: as the price increases, the quantity demanded should decrease. Here's how you might complete the table:
| Price in (₹) | Quantity of sugar Demanded in Kgs |
| 5 | 20 |
| 6 | 18 |
| 7 | 15 |
| 8 | 12 |
| 9 | 10 |
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संबंधित प्रश्न
Draw a demand curve with the help of a hypothetical individual demand schedule.
Give economic terms:
Graphical representation of demand schedule.
Identify and explain the concept from the given illustration:
Deepak decided to count how many times he had to travel by train in a period of one month.
If commodity X and Y are substitutes, increase in price of X will affect demand of Y how?
Prepare a hypothetical market demand schedule and draw a market demand curve based on it.
What will be the values of (i) and (ii)?
| Price (in ₹) | Quantity Demanded by | Total Demand | ||
| A | B | C | ||
| 10 | 30 | (i) | 12 | 52 |
| 20 | 20 | 8 | 9 | 37 |
| 30 | 10 | 6 | (ii) | 22 |
Construct a demand schedule showing relationship between price and quantity demanded.
Shyam, Sita, Renu, Ahmed and John are five consumers of apples. Their demand for apples is given below. Derive the market demand schedule for apples.
| Price per Kg. (In ₹) | Quantity Demanded (Apples) in Kg. | ||||
| Shyam | Sita | Renu | Ahmed | John | |
| 25.00 | 16 | 15 | 12 | 14 | 18 |
| 30.00 | 12 | 11 | 10 | 8 | 15 |
| 35.00 | 10 | 9 | 8 | 6 | 12 |
| 40.00 | 8 | 6 | 4 | 2 | 8 |
Why are individual and market demand schedules useful for businesses?
What distinguishes an individual demand schedule from a market demand schedule?
