What is the difference between the demand schedule for an individual and the demand schedule for a market

The individual demand is the demand of one individual or firm. It represents the quantity of a good that a single consumer would buy at a specific price point at a specific point in time. While the term is somewhat vague, individual demand can be represented by the point of view of one person, a single family, or a single household.

Market demand provides the total quantity demanded by all consumers. In other words, it represents the aggregate of all individual demands. There are two basic types of market demand: primary and selective. Primary demand is the total demand for all of the brands that represent a given product or service, such as all phones or all high-end watches. Selective demand is the demand for one particular brand of product or service, such as the iPhone or a Michele watch.

Individual demand is influenced by an individual's age, sex income habits expectations and the prices of competing goods in the marketplace Market demand is influenced by the same factors but on a broader scale the taste habits and expectations of a community and so on

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