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Card 59 / 100: How do you go from individual demand or supply schedules, to market demand and supply schedules?
Answer:
At each price, the market quantity of demand or supply is the summation of the individual quantities at that price.
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Dr.Robert MurphyAssociated Scholar
Mises Institute
USA
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Attribution:
Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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