don4dean demand demand.

denad
to a audI mo denand
llingnn
to Deriveddenand etmosk
med
is
dmand thee qos. qooda un
Pesiaiable
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long
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oy titu aay dhand
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e
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Dusale un
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!UNIT- Demand Defnaton: abilty
tianmle CorunAuton
Meaneh Deshe Eveyto tim sheadNew Totl
abibty
Fr te 2 S. G. 9.
A 4
2
Hacto dderming enmand
The dumadfo a paticdas podud depeds

)Size pepktionlsp) Corhnne (T)

(u)
v)Alesticny el (n)
Lolich ay e

Comes oes dtei. Asgon/De

vËi) Dictsbuton
vi)Cpctodioy
1

stha facto (o)

Demand tuncton: lktowip
ich ducibeste
IH ça funetion &d) beca
pantity damanded
detimny denad.
in facts
cag A,PE, De,epes,o)
I,
s?,T, A,P
l - 4(P,
 0thes and
ViCercSa

ad
if pnce
ich meane,if pncebmcrale
versa.
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pradd
te
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Demad

tee phaes Ohey Hhing

Dne alunmphon
1)

4-Changein denind
Increae m deand
a)
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1he dange m af
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ice becaue e chag in any tuo typey
denand. Theu
demand
) Tnrcau

danand

aud Cendtacton deand

S. Exteion aloya cmadce
donwad ovenud
A devandInditg
alled eatemin
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alonsaa denand cwe

merent along
aled cotaction im dunand imdiahg
deuandedL
donad
feased
whse
x:Tood, sheltu , chtg
).

goadi e pred
lens
Pasadara Giklen
i) Giffen's
good
1 Buoken ice.
iqntane ef prce clag:
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Encertal deand

eaceptond and dias

we Couida fou
t oppig upugad
Hu denand cusvet Lood doe
dmane al
indiaig
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Pice mereaee

aSiqnificance; the Lebavlou e conkenes

ATditad
i) Marsgoid deciim
laticty e Demand
Topic 4: E
Meanuig T aplains chong in price &
qandty dmanded ecae e
Gny ethe facte esponiveneu in the dead
Defnahion: Rat
Comhuodity fot a given chang o price es any
etler fa det detemining desnd
Meaieme lahaty l bened:
Thele ae dad

P
&
(Qd)

eatie deuad

Qdsar| Jagdeap

P.
 Jeand

elachey

Bopettot chang
Brpshonte cang in priee

(r,-) /e,
P, Bice atte chame

mean

iee cottunei tend do by meu

evcy talin

pel ceitage charg audty dannded gietu

Hen pecerdg frice,
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scedag d bc tan perebae chang in
prce
dnard tach mear puccua
n pnce.
Cance:

tadesdomld oe aa
n the ad fo a
qven
Aa m Paice , Ao thad he Can tak a deciat
to Aamech he Can a

in pnce

Tncome tby tety damand.

Pro potiort dang im aty dead

cdi kiorte cage imcene

ed;: (&-&)/a,
(I,-I){I
deadd bafee change -

danandd afta chang

Ij n cone Lofoachang
 NOTE:

Aand

Inone
Signitcane:

e chang in mational mlome

st a Comodity
upeie good , neu

a) Ie Ed; iu e and >4,tua kueo gocd.

ex: Autmolies and lectonih.
eoonitk

Ex: EMC6 preduct

) Tñ ed: u 've, i an intri good
Ex: Breen ice.

tnodedg adretid budqd.

bn allocating
i) Advestng elatthy denand:
Bepedhiont clang derand
Cda Prpettionatcy in adeet
 (A, 4)/n,

A, > Advetene.d bidaeh afr charge.

Net:

inebtie dawand AqdeAA.

>edac I>Advetuy demend sqd=aA.
=l Advei Uita
>eda
Siqniteance: Hiy Concept to
ogpncies daends upon
Adveshy dients abed the
given dovd o cades
advtcnet tudacl fet a
achity elashcity o dod
iv)Cross BoddX
Cde Propetional chang n the frice e podt

(a,-Q)/a,
(Y-, Y)/,

demandd alt dang

e denad.
RyBice beteucange
BYBice atu chang m o c e pordud .
Dedc diadAadac.

Sgnitiante:
kuliticta and megtie fot complimt
knodac e cde hel afm to ect. th
) trad dealng in
effect price in deciioy it
Sclstd poduci on cals y u1000
eDP eiven that the pro pe t
’ betemine
a

Ety dnnd inereaed to s0 winct

and

(?-PS/P,

(sao)1oee
Intopeaten: (-)op
give tht the Qy
Cthy deandis
Detenine cd, Jhe
di dy lon ot Pa10 o
imcom has decnd Ri ?o and Qty
denanld decraud
decsea 00 uit
 meat ubstitea
ubitihate;mele ali
oty )-Avak
btttex
atc. to
tut patia mot Cutomes
pasiaa
to vey tomes
ds caws
eatie Tast
connes remals o and
aternave mo. des elatie
e< intwes
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woe wes:tenathive oo. v)
efno. yeu ou date
inebtic. potpon Carnd
time des elat trie fae;
mu Time )
-Lus
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tic
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Metods:
Methoda
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Sales
i))Sveyet
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p jecion hctod
)) Tend pre olson
by
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i) Bredietechiques
Barenctic.
) Hes mthod:
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i) Tet manketing
) Centeld eapetineu
iv) Jdgetl approach
 man uyes
) and stdy )fcononiu: yhoucton
7ly He oth Economiesdböpl) iCcon@ieu:
Managaal Buines
led
ealciyties, econemis
MaMicao ef e
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mee he Man's individul
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t
thedy a a a
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e àa man to
coomic
and f
is
dudy and mate acdivity ditfej
the
of
 -)A Dorle econmis
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Me atind fnally an
is
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1
done Called
faskino in thscd
aiym
 Scope 3.
touch.
acio2.
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ro SHagu
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jA con
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hanagenod Me application analya Conome: maki
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e toualing
find ecoeies.
reonCes aralye
dje
t t
 4au -the SupryLaw Matinaches3- Trvcdhed decio
2: 1.
.recisione 5 4 Demand
ProduceA Vosies
naicea. ohat
3herchos eearch,
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Tmportud
given Poft Tnd
uppy
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tine Aolatd Odpt
raleasy qiven woidd areas

peiod gven to goods eles decision

arkd de
the ciugna
ad
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Vavesfraneustu
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ciplinte
any
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sel good
datci
at plines bje
dus da
4
3