Calculation of market demand

To compute the market demand for air-filled mattresses, add up the: (i) Amounts demanded at each and every price. (ii) Amounts supplied at each and every price. (iii) Demand prices at each and every quantity. (iv) Supply prices at each and every quantity.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Problem on free trade equilibrium The

    The domestic demand curve for portable radios is provided by Qd = 5000 − 100P, here Qd is the number of radios which would be purchased whenever the price is P. The domestic supply curve for radios is provided by Qs = 150P, where Qs

  • Q : Perfectly price elasticity of supply

    The supply of textile employees in China is possibly most like the perfectly price elastic supply curve within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Goals of the Firm-Profit Maximization

    The supposition that firms try to maximize the profits: (i) Is the beginning point for most of the economic analyses of how firms function. (ii) Can be wrong for the cases in which the professional corporate managers maximize their own self interests rather than the i

  • Q : Declining cost structure by natural

    Natural barriers to entry within a market arise primarily by: (w) strategies by existing firms to discourage the entry of new firms. (x) perfectly inelastic demands for products. (y) the declining cost structure inherent in producing certain goods. (z

  • Q : Critics of the simple limit pricing

    Critics of the straightforward limit pricing strategy argue about that: (w) sunk costs are not important in deterring entry. (x) for limit pricing to work, there should be a credible threat to keep old output levels. (y) this is rational to expect the

  • Q : Supply of labor curve problem Can

    Can someone please help me in finding out the accurate answer from the following question.

    Employer with the monopsony power which as well had the ability to wage discriminate perfectly would tackle a marginal factor cost of labor

  • Q : Economies of scale in natural monopoly

    Economies of scale which are substantial relative to market demand result within the market evolving to a: (w) contestable market. (x) collusive oligopoly. (y) natural monopoly. (z) "high tech" industry.

    Q : Estimating national income by

    Describe precautions to be taken in estimating national income by expenditure technique?

    Answer: The following precautions are to be taken while evaluating N.I. by

  • Q : Marginal revenue when market price

    When the market price of a good is $50 and a purely competitive firm raises its output from 20 units, marginal revenue of it is: (w) $50. (x) $1000. (y) $2.50. (z) $0.40.

    I need a good answer on th

  • Q : Short-run supply curve and marginal

    Short-run supply curve of a purely competitive firm’s is the positively sloped part of the marginal cost curve which is above its: (w) average fixed cost curve. (x) resource demand curve. (y) average variable cost. (z) short-run