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Question
Complete the following market demand schedule and give a graphical representation of the same.
| Price per unit (₹) |
Quantity demanded (kgs) by | Market Demand (kgs) | |
| Firm A | Firm B | ||
| 25 | 16 | 15 | ? |
| 30 | 12 | 11 | ? |
| 35 | 10 | 9 | ? |
| 40 | 8 | 6 | ? |
Complete the Table
Graph
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Solution
| Price per unit (₹) |
Quantity demanded (kgs) by | Market Demand (kgs) | |
| Firm A | Firm B | ||
| 25 | 16 | 15 | 31 |
| 30 | 12 | 11 | 23 |
| 35 | 10 | 9 | 19 |
| 40 | 8 | 6 | 14 |
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