single consumer: individual demand:: many consumers:_____ complete the correlation​

Answers 2

many consumers : group demand

Single consumer: individual demand:: many consumers: Market Demand.

  • The entire amount of money spent by all buyers is known as market demand.
  • It is the aggregate or total of all customer desires for a product on the market at various prices.
  • Whereas, individual represents the total demand for a commodity by a specific person. The arise as per the affordability of a particular commodity.
  • Thus, the complete correlation is Single consumer: individual demand:: many consumers: Market Demand.

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