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.

Question

Business

Tabitha Hodges

1 May, 16:34

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.

+2

Answers (1)

Know the Answer?

Norton · Answer 1

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.

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.

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.