A market consists of 10 individuals with different demand curves in a given period.
What is a calculation that could be used as part of the process to determine the market equilibrium in that period?
at each price add the quantities demanded by each individual
at each quantity average the price that each individual is prepared to pay
combine the price elasticity of demand (PED) and the price elasticity of supply (PES) at each price
determine the PED and multiply it by the quantity demanded
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