A market consists of 10 individuals with different demand curves in a given period.

What is a calculation that could be used as part of the process to determine the market equilibrium

in that period?

A at each price add the quantities demanded by each individual

B at each quantity average the price that each individual is prepared to pay

C combine the price elasticity of demand (PED) and the price elasticity of supply (PES) at each

price

D determine the PED and multiply it by the quantity demanded.

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