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That would depend on what point of the curve you mean.
If you mean quality, THEN AN INCREASE IN AWARENESS OF THE INCREASED "UTILITY" INCREASESDEMAND AND MOVES THE LINE UPWARD, INDICATING THE INCREASE.iF you mean quantity, increaseS along the demand curve are usually indicative of price, specificallhy a decrease. However, sometimes increases in demand accompany an increase in utility, i.e. more uses for the product; differing applications that can be satisfied within a price range. i.e. when additional uses were discovered for Napha in the manufacture of plastics. OBVIOUSLY, THAT MAY INCREASE DEMAND, BUT MAY NOT MOVE THE PRICE UPEWARD, DEPENDING ON SUPPLY.
Because elasticity is changes depending on the price it is evaluated at. This will then mean that elasticity is different at different point on a demand curve. It can also depend on the scale the demand curve is drawn to
It indicates that the availability of a certain product has changed. In economic terms, a change in the quantity supplied would correspond to movement along the supply curve. For example, if the amount of widgets (any given product) in a market increases, the demand and price for that product decreases. If the number of widgets were to decrease, the demand and price would increase.
it is the graphic representation of the changes in demand due to the availability of equal important substitude.
That would depend on what point of the curve you mean.
If you mean quality, THEN AN INCREASE IN AWARENESS OF THE INCREASED "UTILITY" INCREASESDEMAND AND MOVES THE LINE UPWARD, INDICATING THE INCREASE.iF you mean quantity, increaseS along the demand curve are usually indicative of price, specificallhy a decrease. However, sometimes increases in demand accompany an increase in utility, i.e. more uses for the product; differing applications that can be satisfied within a price range. i.e. when additional uses were discovered for Napha in the manufacture of plastics. OBVIOUSLY, THAT MAY INCREASE DEMAND, BUT MAY NOT MOVE THE PRICE UPEWARD, DEPENDING ON SUPPLY.
Because elasticity is changes depending on the price it is evaluated at. This will then mean that elasticity is different at different point on a demand curve. It can also depend on the scale the demand curve is drawn to
an increase in quantity demanded.
It indicates that the availability of a certain product has changed. In economic terms, a change in the quantity supplied would correspond to movement along the supply curve. For example, if the amount of widgets (any given product) in a market increases, the demand and price for that product decreases. If the number of widgets were to decrease, the demand and price would increase.
it is the graphic representation of the changes in demand due to the availability of equal important substitude.
If a market is faced with a horizontal demand curve, then the demand in that market by consumers is perfectly elastic. More simply, any minuscule change in price causes a huge change in quantity demanded.
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 demand rises, the demand curve will shift to the right. A fall in supply will mean that the curve moves leftwards. The result is higher prices at a lower quantity. Excess demand may occur
A fundamental movement skill would be throwing a ball, but a specialized movement skill would be considered throwing a baseball as a curve ball.
If the demand decreases, market price would go down. IN DETAIL: Demand is a rightward sloping downwards curve. Supply is a rightwards ascending curve. If you plot a graph of both, where the horizontal axis shows the quantity demanded by the market, and vertical axis shows the market price, the intersection of the demand and supply curve would give you the market price. A decrease in demand would mean a leftward shift in the demand curve, causing the intersection point of of the two curves to be lower than the previous one, which means at a point that shows a lower price. So the market price would decrease.
Shift in demand curve is caused by other determinants of demand rather than price. It may shift inward or outward, that depends upon how the particular determinant affects the demand, e.g: taste and preference.