Demand in Economics How the consumer influences how I make money Law of Demand



Download 207,5 Kb.
bet1/3
Sana26.05.2022
Hajmi207,5 Kb.
#610408
  1   2   3
Bog'liq
Demand in Economics

Demand in Economics

  • How the consumer influences how I make money

Law of Demand

  • Part 1. As PRICE increases, DEMAND decreases
  • Part 2. As PRICE decreases, DEMAND increases
  • Price goes up
  • Demand goes down
  • Demand goes up
  • Price goes down
  • THEN
  • THEN

Demand Curve

  • A graph that illustrates the demand for a product
  • It shows how much consumer desire for a product changes as the price changes

Market Demand Curve: This curve illustrates the quantities of apple juice demanded at each price ay all consumers in the market.

  • Price of a bottle of Apple Juice
  • Quantity demanded per week
  • $0.75
  • 800
  • $1.00
  • 650
  • $1.25
  • 500
  • $1.50
  • 350
  • $1.75
  • 200
  • $2.00
  • 50

Elasticity of Demand

  • The degree to which changes in price cause changes in demand
  • or
  • If we change the price, will demand change a lot or a little?

Elastic Demand

  • If Demand for a good is very sensitive to changes in price, the demand is ELASTIC
  • Or
  • If prices changes a little bit, demand will change a lot!

Example of Elastic Demand

  • Price of pizza goes up even a little bit, demand goes down a lot.

Download 207,5 Kb.

Do'stlaringiz bilan baham:
  1   2   3




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©hozir.org 2024
ma'muriyatiga murojaat qiling

kiriting | ro'yxatdan o'tish
    Bosh sahifa
юртда тантана
Боғда битган
Бугун юртда
Эшитганлар жилманглар
Эшитмадим деманглар
битган бодомлар
Yangiariq tumani
qitish marakazi
Raqamli texnologiyalar
ilishida muhokamadan
tasdiqqa tavsiya
tavsiya etilgan
iqtisodiyot kafedrasi
steiermarkischen landesregierung
asarlaringizni yuboring
o'zingizning asarlaringizni
Iltimos faqat
faqat o'zingizning
steierm rkischen
landesregierung fachabteilung
rkischen landesregierung
hamshira loyihasi
loyihasi mavsum
faolyatining oqibatlari
asosiy adabiyotlar
fakulteti ahborot
ahborot havfsizligi
havfsizligi kafedrasi
fanidan bo’yicha
fakulteti iqtisodiyot
boshqaruv fakulteti
chiqarishda boshqaruv
ishlab chiqarishda
iqtisodiyot fakultet
multiservis tarmoqlari
fanidan asosiy
Uzbek fanidan
mavzulari potok
asosidagi multiservis
'aliyyil a'ziym
billahil 'aliyyil
illaa billahil
quvvata illaa
falah' deganida
Kompyuter savodxonligi
bo’yicha mustaqil
'alal falah'
Hayya 'alal
'alas soloh
Hayya 'alas
mavsum boyicha


yuklab olish