Deepti gupta

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Transcript of Deepti gupta

Page 1: Deepti gupta

PRESENTATION DEMAND

ECONOMICD

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DEMANDAn economic principle that describes a

consumer's desire and willingness to pay a price for a specific good or service. 

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TYPE OF DEMANDCROSS DEMAND JOINT DEMANDCOMPOSIT DEMANDINCOME DEMANDMARKET

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DEMAND SCHEDULE

http://www.google.co.in/imgres?imgurl=http://www.amosweb.com/images/MkDm31.gif&imgrefurl=http://www.amosweb.com/cgi-bin/awb_nav.pl?s%3Dwpd%26c%3Ddsp%26k%3Ddemand%2Bschedule&h=203&w=217&sz=4&tbnid=UfwoMOuKVB7HWM:&tbnh=84&tbnw=90&zoom=1&usg=__ic-z61VJ-FZA3ViVbDsYyFPQ2A8=&docid=G0lGr4jPLFH4eM&sa=X&ei=zEgtUrKyLYL8rAfjloCYDw&ved=0CDUQ9QEwAQ&dur=222

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DEMAND CURVEIt is a graphic representation of a demand schedule.

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LOW OF DEMANDThe law of demand states that there is a

direct relationship between the price of a good and the demand for it. In particular, people generally buy more of a good when the price is low and less of it when the price is high