Define market demand. Suppose there are three consumers of commodity X and their respective demand schedules are
Question:
Define market demand. Suppose there are three consumers of commodity X and their respective demand schedules are given as follows.
Price of X (`)
Quantity of X demanded by A
B C
10 0
0 0
8 4
2 0
6 8 4 0 Find the market demand schedule and market demand curve for commodity X.
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