हिंदी

How is the market demand at a particular price calculated?

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प्रश्न

How is the market demand at a particular price calculated?

विकल्प

  • By multiplying the price by the number of sellers

  • By subtracting the lowest household demand from the highest

  • By adding the quantities demanded by all buyers at that price

  • By averaging each buyer's price preference

MCQ
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उत्तर

By adding the quantities demanded by all buyers at that price

Explanation:

The market demand at each price is found by horizontal summation, adding the amounts each individual wants at that price.

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