Consider a market where there are just two consumers and suppose their demands for the good are given as follows:
Consider a market where there are just two consumers and suppose their demands for the good are given as follows:
| P | d1 | d2 |
| 1 | 9 | 24 |
| 2 | 8 | 20 |
| 3 | 7 | 18 |
| 4 | 6 | 16 |
| 5 | 5 | 14 |
| 6 | 4 | 12 |
Calculate the market demand for the good.
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| P | d1 | d2 | Market demand = D = d1 + d2 |
| 1 | 9 | 24 | 9 + 24 = 33 |
| 2 | 8 | 20 | 8 + 20 = 28 |
| 3 | 7 | 18 | 7 + 18 = 25 |
| 4 | 6 | 16 | 6 + 16 = 22 |
| 5 | 5 | 14 | 5 + 14 = 19 |
| 6 | 4 | 12 | 4 + 12 = 16 |
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