The dependent variable.
The dependent variable is the variable that depends on the independent variable.
the test variable is the independent variable.
The independent variable is the variable you change. The dependent is the variable you measure and the contol variable is the variable that you keep the same.
The variable that affects the dependent variable. It is the variable that you control.
Because demand creates the price, and not the price dictates the demand.
stochastic demand is random demand. it is determined by predictable actions and a random element.
price
Luxuries
price
The cost of all food is variable, depending on supply and demand.
Variable
Here are two variablesDemand and Price, whereas Price is Independent variable &Demand is dependent variable, i.e. if price of something changes the demand will also be affected. Now simple Differential Equation isd (Demand)= constantd (Price)But keep in mind that Price is a function not a simple variable.
Arch elasticity demand is the percentage change in one variable divided by the percentage change in another variable, it calculates the elasticity over a range of values, while point elasticity of demand uses differential calculus to determine the elasticity at a specific point
the asset value which changes with respect to the demand constraints is called varible asset
The demand for durable goods will increase until saturation. Calculating the demand is daunting. Opening new markets creates even a greater variable for this prediction.
The demand for durable goods will increase until saturation. Calculating the demand is daunting. Opening new markets creates even a greater variable for this prediction.