to order.... dumb pay attemtion in class
by Q- Dawg
extension and contraction in demand. extension mean increase in demand and contraction man decrease in demand
It's an elasticity coefficient of demand: deltaD/deltaP When the coefficient is >1 it is an elastic demand When the coefficient is <1 it is a nonelastic demand
When price increases by 1%, demand falls by 3%.
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.
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
what do u mean by bank drrawn on in demand draft
extension and contraction in demand. extension mean increase in demand and contraction man decrease in demand
to demand or take by authority
It's an elasticity coefficient of demand: deltaD/deltaP When the coefficient is >1 it is an elastic demand When the coefficient is <1 it is a nonelastic demand
In economics demand is what people want Supply is what companies want to sell
When price increases by 1%, demand falls by 3%.
Demand, or send.
You can demand all you want, but it doesn't mean you will get it.
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.
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
Something that is in demand - desirable
Unitary is a reference to the type of demand elasticity. Unitary demand elasticity occurs when the elasticity of demand = 1. This indicates that the level of demand changes in-sync with the price at a 1:1 ratio.