Question

Study the following table, figure, passage and answer the question given below it.

Price of commodity ‘ X	Quantity of ‘X‘ in kgs.			Market demand
	Consumer A	Consumer B	Consumer C	A+B+C
10	5	10	15	30
8	10	15	______	45
6	______	20	25	60
4	20	______	30	75
2	25	30	35	______
1	30	35	40	105

1. Complete the table. (2m)
2. Draw Market demand curve based on above Market demand schedule and label it. (2m)

Answer 1

A. Complete the table.

Price of commodity ‘ X	Quantity of ‘X‘ in kgs.			Market demand
	Consumer A	Consumer B	Consumer C	A+B+C
10	5	10	15	30
8	10	15	20	45
6	15	20	25	60
4	20	25	30	75
2	25	30	35	90
1	30	35	40	105

B. Draw market demand curve based on above market demand schedule and label it.