Question
Individual demand and market demand.
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|
Price (Per kg)
|
Qd (in kg)
|
Qs (in kg)
|
|
9
|
7
|
14
|
|
7
|
6
|
11
|
|
5
|
8
|
8
|
|
3
|
10
|
5
|
|
1
|
12
|
2
|
| Output (units) | 1 | 2 | 3 |
| Average variable cost (Rs.) | 30 | 28 | 32 |