Ask Question
20 May, 20:31

Market demand is found by:

adding the individual quantities demanded at each price.

adding the individual prices at each quantity demanded.

multiplying the individual quantities demanded at each price.

multiplying the individual prices at each quantity demanded.

+3
Answers (1)
  1. 20 May, 20:45
    0
    adding the individual quantities demanded at each price.

    Explanation:

    Market demand is found by adding individual quantities demanded together, this is because a market is nothing more than a group of buyers and sellers (a market is not a place, but a social interaction).

    For example, if John demands for 2 bananas, Claude demands 3 bananas, and Albert demands 1 banana, the total market demand for bananas is 6.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Market demand is found by: adding the individual quantities demanded at each price. adding the individual prices at each quantity demanded. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers