What is the market demand at $5.00 given the following individual demand schedules: Coffees per week price Josie qty Sam qty $3.00 6 8 $4.00 4 7 $5.00 3 4 $6.00 2
3 Market Demand at $5.00 The market demand at $5.00 is the sum of the individual demand schedules of Josie and Sam. Josie’s demand for coffee at $5.00 is 3 and Sam’s demand for coffee at $5.00 is 4. Therefore,