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Why price on y-axis in demand function?
bez when demand function have price on y-axis, its mean that price have the inverse relation to the demand, in other words price lead to demand curve.
What condition must exist to a demand curve accurate?
The condition is that the demand curve can only be accurate as long as there are no changes other than price that could affect the consumer's decision. In other words, a demand curve is accurate only as long as the ceteris paribus assumption is true. - You're WelCUM
Write notes price determination of demand 400 words?
Write notes price determination of demand 400 words
What condition must exist to make a demand curve accurate?
The condition is that the demand curve can only be accurate as long as there are no changes other than price that could affect the consumer's decision. In other words, a demand curve is accurate only as long as the ceteris paribus assumption is true. - You're WelCUM
Which 2 words are opposite in meaning demand impede negate ignore provide assert?
Demand and provide are opposite in meaning, in the sense that one is asking for something (requires its provision) and the other is supplying it.
What are disadvantages of EOQ?
i think the most disadvantage is, the demand rate (landa) should be known and constant which is apply when in contractor project or used with forecast demand with some error in the demand.in other words EOQ is not applicable when demand is not constant.there another one answers this inWhat_are_the_advantages_and_disadvantages_of_the_EOQ_model
What words sound like command?
demand
Which is determinant of demand?
They are factors affecting demand other than
Are the words demand and punishment synonyms?
To demand is asking with proper authority or with urgency. Punishment is literally the act of punishing. No, I'm sorry, these words are not synonyms.
What is a sentence with the words supply and demand?
Weekly sales ads are subject to the law of supply and demand.
What are the two states of disequilibrium?
The two states of disequilibrium are shortages and surpluses. A shortage is caused by excess demand that drives prices up; in other words there is not enough supply to meet demands until other suppliers see the high prices and try to get some of that money too, and then competition drives prices to a lower equilibrium price. A surplus is when an excess in supply leads to a decrease of price which leads to an increase of demand until an equilibrium is reached; there is more than enough supply to meet demand, in other words.
Which is a determinant of demand?
They are factors affecting demand other than
