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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Solution

Market demand schedule
Price
(Rupees) Demand of Rahul
(Units) Demand of Rohan
(Units) Demand of Rohit
(Units) Market Demand
(Units)
1 7 10 12 7 + 10 + 12 = 29
2 6 8 9 6 + 8 + 9 = 23
3 5 6 7 5 + 6 + 7 = 18
4 4 4 5 4 + 4 + 5 = 13
5 3 2 3 3 + 2 + 3= 8

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Similar questions

market schedule of karan,rohan and mitu are given in the figure:

If Mitu is dropped out of the market, what will be new 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. 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. 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)
$1$ $2$ $3$ $4$ $5$	$9$ $7$ $6$ $4$ $3$	$7$ $6$ $5$ $4$ $3$

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.

How can we derive the market supply schedule from the supply schedules of an individual firm?

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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

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)1710122689356744455323

Market demand schedulePrice(Rupees)Demand of Rahul (Units) Demand of Rohan (Units) Demand of Rohit (Units) Market Demand (Units)1 7 10 12 7 + 10 + 12 = 292 6 8 9 6 + 8 + 9 = 23 3 5 6 7 5 + 6 + 7 = 184 4 4 5 4 + 4 + 5 = 135 3 2 3 3 + 2 + 3= 8

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

Market demand schedule
Price
(Rupees) Demand of Rahul
(Units) Demand of Rohan
(Units) Demand of Rohit
(Units) Market Demand
(Units)
1 7 10 12 7 + 10 + 12 = 29
2 6 8 9 6 + 8 + 9 = 23
3 5 6 7 5 + 6 + 7 = 18
4 4 4 5 4 + 4 + 5 = 13
5 3 2 3 3 + 2 + 3= 8