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DEMAND

PRESENTED BY:
KAIRAVI
Submitted to: Mrs Ranjana
Demand
The willingness or ability to buy a product.
Demand and price are inversely related.
DEMAND CURVE

0
EFFECT OF A CHANGE IN A PRICE
OF A DEMAND
D

D 40 30 = Increase in demand.
( extension in quantity demand)
40 50 = Decrease in demand.
(Contraction in quantity
demand)
CONDITIONS IN DEMAND
Increase in demand

Price is constant
but other factors
increases due to
which demand is
affected.
Decrease in demand

Price is constant but


other factors
decreases due to
which demand is
affected.
Causes of changes in
demand
Changes in the price of related products
Changes in income
Advertising campaigns
Changes in population
Changes in taste and fashion
Other factors
THANK YOU

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