The market demand schedule shows the aggregate (total) demand for a product by all consumers in the market at different prices. The following is a market demand schedule.
Price of X (Rs) |
Quantity Demanded by Consumer 1 (Units) |
Quantity Demanded by Consumer 2 (Units) |
Market Demand (Units) |
10 |
5 |
6 |
5+6=11 |
15 |
4 |
5 |
4+5=9 |