Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
3Activity
0 of .
Results for:
No results containing your search query
P. 1
Theory of Final)

Theory of Final)

Ratings: (0)|Views: 141|Likes:
Published by singhanshu21

More info:

Published by: singhanshu21 on Jun 02, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

06/24/2010

pdf

text

original

 
 Theory of Demand
Meaning of demand
Demand may be defined as theamount of a commoditypurchased by a person at agiven point of time and at agiven price.It includes:1. A desire to get a commodity2. A means to buy it.
 
Meaning of demandCont….
3. The willingness to use thosemeans.Again it must consist,
it is always at a point of time.
It is always at a price.
 
Features of Demand
1.Difference between desire anddemand:(consumer has the willingness andability to buy)2.Relationship between demand andprice(It is always at a price per unit of time)3.Demand at a point of time It is

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->