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Given the meaning of market demand.
What is market Demand?
Define market demand.
What is market demand for a good?
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Solution 1
Market demand is the horizontal summation of the individual demand in the market. It indicates various quantities of a good which all the consumers in the market are willing to buy at different possible prices of a good at a point of time.
Solution 2
Market demand is the quantity demanded of a commodity by all the consumers at a given
price during a given period of time.
Concept: Market Demand
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