Consider a market where there are just two consumers and suppose their demands for the good are given as follows:

Calculate the market demand for the good.


P



d1



d2



1



9



24



2



8



20



3



7



18



4



6



16



5



5



14



6



4



12


Market Demand is total demand i.e d1 + d2


P



d1



d2



Market Demand



1



9



24



33



2



8



20



28



3



7



18



25



4



6



16



22



5



5



14



19



6



4



12



16





16