Demand schedule for commodity - $X$ of individual $A$ and $B$ is given in the following table. Derive the market demand schedule and market demand curve.
Price of Commodity - $X (R s .)$ Demand of $A$ (Units) Demand of $B$ (Units)
$1$
$2$
$3$
$4$
$5$ $9$
$7$
$6$
$4$
$3$ $7$
$6$
$5$
$4$
$3$

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Solution

Market Demand Schedule
Price (Rs.) Quantity (Units)
$1$
$2$
$3$
$4$
$5$
$9 + 7 = 16$
$7 + 6 = 13$
$6 + 5 = 11$
$4 + 4 = 8$
$3 + 3 = 6$

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Similar questions

Q. Demand schedule for three consumers such as Mohan, Rohan and Mitu for a commodity is given below. Derive the market demand schedule.

Price (Rs.)	Demand Schedule of Mohan (Units)	Demand Schedule of Rohan (Units)	Demand Schedule of Mitu (Units)
$1$ $2$ $3$ $4$ $5$	$60$ $50$ $40$ $30$ $20$	$55$ $40$ $25$ $10$ $0$	$24$ $13$ $5$ $0$ $0$

Q. From the following table prepare demand schedule for household

B

, given demand schedule of household

A, C

and market demand schedule.

Price (Rs.)	Household $A$ (Units)	Household $B$ (Units)	Household $C$ (Units)	Market Demand (Units)
$7$ $6$ $5$ $4$ $3$	$6$ $8$ $12$ $17$ $24$	- - - - -	$11$ $16$ $22$ $30$ $42$	$26$ $36$ $51$ $71$ $98$

Q. There are four consumers of a fruit called a smile. They are Isla, Ifraah, Ila and Ibema. Their demand curves for smile are given below. Derive the market demand curve.

Price (Rs.)	Quantity Demanded by Isla (Units)	Quantity Demanded by Ifraah (Units)	Quantity Demanded by Ila (Units)	Quantity Demanded by Ibema (Units)
$1$ $2$ $3$ $4$ $5$ $6$	$16$ $11$ $7$ $4$ $2$ $1$	$7$ $6$ $5$ $4$ $3$ $2$	$15$ $12$ $9$ $6$ $3$ $0$	$8$ $6$ $4$ $2$ $0$ $0$

Suppose there are three consumers in a particular market : Ashok, Mohan and Jay. Their demand schedules are given in the following table :

$\begin{matrix} Price & Quantity Demanded & Quantity Demanded & Quantity Demanded by Ashok & by Mohan & by Jay 1 & 60 & 55 & 24 2 & 50 & 40 & 13 3 & 40 & 25 & 5 4 & 30 & 10 & 0 5 & 20 & 0 & 0 \end{matrix}$

(i) Derive the market demand schedule.

(ii) Suppose Mohan drops out of the market. Derive the new market demand schedule.

(iii) Suppose Mohan stays in the market and another person, Bhim, joins the market, whose quantity demanded at any given price is half of that of Ashok. Derive the new market demand schedule.

Q. Derive market demand schedule of the individuals Rahul, Rohan and Rohit.

Price (Rupees)	Demand of Rahul (Units)	Demand of Rohan (Units)	Demand of Rohit (Units)
1	7	10	12
2	6	8	9
3	5	6	7
4	4	4	5
5	3	2	3

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Price of Commodity - $X (R s .)$	Demand of $A$ (Units)	Demand of $B$ (Units)
$1$ $2$ $3$ $4$ $5$	$9$ $7$ $6$ $4$ $3$	$7$ $6$ $5$ $4$ $3$

Price (Rs.)	Quantity (Units)
$1$ $2$ $3$ $4$ $5$	$9 + 7 = 16$ $7 + 6 = 13$ $6 + 5 = 11$ $4 + 4 = 8$ $3 + 3 = 6$

Demand schedule for commodity - X of individual A and B is given in the following table. Derive the market demand schedule and market demand curve.Price of Commodity - X(Rs.)Demand of A (Units)Demand of B (Units)123459764376543

Market Demand SchedulePrice (Rs.)Quantity (Units)123459+7=167+6=136+5=114+4=83+3=6

Demand schedule for commodity - $X$ of individual $A$ and $B$ is given in the following table. Derive the market demand schedule and market demand curve.
Price of Commodity - $X (R s .)$ Demand of $A$ (Units) Demand of $B$ (Units)
$1$
$2$
$3$
$4$
$5$ $9$
$7$
$6$
$4$
$3$ $7$
$6$
$5$
$4$
$3$

Market Demand Schedule
Price (Rs.) Quantity (Units)
$1$
$2$
$3$
$4$
$5$
$9 + 7 = 16$
$7 + 6 = 13$
$6 + 5 = 11$
$4 + 4 = 8$
$3 + 3 = 6$