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Distinguish Between : Individual Demand Schedule and Market Demand Schedule. - Economics

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Question

 Distinguish between :

 Individual demand schedule and Market demand schedule.

Solution

Basis of Difference Individual demand schedule Market demand schedule
Presentation of Tabular presentation of commodity demanded at different prices by an individual Tabular presentation of quantities of commodity demanded at different prices by all individuals in a market.
Deals with Demand of an individual consumer Demand of all the consumers in the market.
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APPEARS IN

 2012-2013 (March) (with solutions)
Question 3.1.2 | 2.00 marks

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Solution Distinguish Between : Individual Demand Schedule and Market Demand Schedule. Concept: Demand.
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