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Economics ( demand analysis )

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Mumabi University
Course
Demand Analysis

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DEMAND ANALYSIS
DEMAND
LAW OF DEMAND
ASSUMPTIONS/ CONDITIONS
LIMITATIONS
DEMAND IN CASE OF DIFFERENT GOODS
DEMAND CURVE IN DIFFERENT MARKET

, DEMAND


➔ Demand is desire to purchase commodity.sunita wants to purchase car
➔ Ability to purchase commodity she has 5 lacs to buy car
➔ Willingness to spend on car
➔ Express in terms of quantity and price 10 rs. 100 quantities are demanded
➔ Particular period of time. On particular day
➔ It can be individual demand e.g.sunita demanded car
➔ It can be market demand 100 quantities demanded by 10o
people of car
➔ Law of demand-other things remaining same there is an inverse
relationship between demand and price of a commodity
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Mumabi University
Course
Demand Analysis
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Uploaded on
February 8, 2022
Number of pages
12
Written in
2022/2023
Type
Class notes
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K.d
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  • economics
  • demand analysis
  • notes
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