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What is Demand Estimation?
Demand Estimation is the art of forecasting firm sales.
What is the difference between price elasticity and cross elasticity of demand?
Cross price elasticity of demand measures how much demand of one good, say x changes when the price of another good, say y changes, holding everything else constant. For example, you can measure what happens to the demand of bread when the price of milk changes. The cross price elasticity is calculated as the percentage change in the quantity demanded of good x divided by the percentage change in the price of good y. If the cross price elasticity is negative, then we call such goods Complements (example: pizza and soft drinks -- they are consumed together). If the cross price elasticity is positive, then we call such goods Substitutes (example: pizza and burgers -- you usually consume either or). The income elasticity of demand measures the change in the quantity demanded of some good, when the income changes, holding everything else constant. For example you can measure what happens to the demand for expensive red wine when income increases. The income elasticity is calculated as the percentage change in the quantity demanded of the good divided by the percentage change in income. If the income elasticity for a good is positive we call them normal goods. It can be between 0 and 1, and we call it income inelastic demand for goods such as food, clothing, newspaper. If it is above 1, we call it income elastic demand. Examples are the red wine, cruises, jewelry, art, etc. If the income elasticity is negative, this means that as income increases, the quantity demanded for those goods actually decreases, we call those goods inferior goods. Examples are "Ramen noodles", cheap red wine, potatoes, rice. etc.
Is economics science or art?
It is a social science and also an art subject.
How can art enhance the economy of a country?
how can art enhance the econmony of our country
Why are artist in such demand on the web?
Artists are in high demand on the web due to the increasing need for visual content across various digital platforms, including social media, websites, and advertising. As brands strive to engage audiences and stand out in a crowded marketplace, unique and compelling artwork becomes essential. Additionally, the rise of digital art forms, such as NFTs and online galleries, has expanded opportunities for artists to showcase and monetize their work. This trend reflects a broader cultural shift towards valuing creativity and visual storytelling in the digital age.
What is true of India under Islamic?
Muslim leaders supported Indian music, but not Indian art. - APEX :)
How did India and china influence southeast Asia?
. They spread Indian styles of art, architecture, dance, and religion
How did changes in Buddhism influence art in India?
to have faith in a higher power that created the world we live in today for the creation of the world is a work of art.
What is true about India under Islam?
Muslim leaders supported Indian music, but not Indian art. - APEX :)
Indian sculptor who paint their sculpture?
India is known for its art in sculpture. Some of the famous sculptors of India are : Amarashilpi Jakanachari, Jakanachari Award, Anish Kapoor.
What is the Importance of ART Courses in India?
Assisted reproductive technology (ART) has witnessed a rapid progress in the last few years. With the rising infertility cases in India, there is a huge demand of ART treatment. This has led to a vast increase in the number of ART clinics providing treatment and care to infertile couples all over the world.
What has the author Neville Tuli written?
Neville Tuli has written: 'The flamed mosaic' -- subject(s): Indic Painting, Painting, Indic 'Indian contemporary art' -- subject(s): Art, Indic, Catalogs, Indic Art 'A Historical Epic ; India in the Making, 1757-1950 : From Surrender to Revolt, Swaraj to Responsibility' 'Fn-Fn' 'India Contemporary Art' 'Masterpieces & Museum Quality Indian' 'Auctions of Indian Art - Intuitive Logic' 'Historical Mela' 'Masterpieces and Museum-Quality Indian Modern and Contemporary Paintings' -- subject(s): Catalogs, Indic Painting, Painting, Indic 'Forty Masterpieces of 20th Century Drawing & Paint'
Why do you think the british introduced Indian elements and styles in the building that they built in India?
britishers were attracted with the unique style of art done by indian artists,their unique style of making portraits on rock and ancient indian architecture style facinated them when they saw style of art on temples that attracted them and they introduced indian elements in buildings they built
What are the important aspect that form the heart of the musical tradition of Indian?
give the 3 important aspect the form the art at the musicaltradition of india?
What is Indian pop art?
It is pop art made by people who are Indian.
Who was the grandfather of the modern Indian art?
The grandfather of modern Indian art is often regarded as Rabindranath Tagore. A polymath, Tagore was not only a celebrated poet and Nobel laureate but also a painter whose work contributed significantly to the evolution of Indian art in the 20th century. His innovative approach and emphasis on individual expression laid the groundwork for future generations of artists in India.
What has the author K Krishna Murthy written?
K. Krishna Murthy has written: 'Mirrors of Indian culture' -- subject(s): Civilization, Art, Antiquities 'Studies in Buddhism' -- subject(s): Buddhism 'Archaeology of Ancient Indian Musical Instruments' 'Buddhism in Tibet' -- subject(s): Buddhism, History 'Hot water seepage into shallow coal mines of Manuguru Coalbelt, Godavary Valley Coalfield, Andhra Pradesh, India' 'A dictionary of Buddhist literature and literary personalities' -- subject(s): Buddhism, Dictionaries 'Social and Cultural Life in Ancient India' 'Archaeology of Things' 'Buddhist Art of Nagarjunakonda' 'Mythical animals in Indian art' -- subject(s): Art, Indic, Animals, Mythical, in art, Indic Art 'Hair styles in ancient Indian art' -- subject(s): Art, Indic, Hairstyles in art, Art, Ancient, Ancient Art, Indic Art
