Class notes
Handwritten Notes of demand and Elasticity of Demand
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Uploaded on
17-03-2024
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Hello There, After go through my notes you will able to secure good marks in your examinations because it prepared in simple language so that you can easily understand each and every topic of your syllabus. Details about notes:- Demand refers to the quantity of a good or service that consumers are willing and able to purchase at various prices, holding all other factors constant. It represents the relationship between the price of a good and the quantity demanded by consumers. Elasticity of demand measures the responsiveness of quantity demanded to changes in price. It quantifies the percentage change in quantity demanded resulting from a one percent change in price. Thanks Regards Pushpender(Assistant Proffesor)
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Written for
- Institution
- University of Delhi
- Course
- ECO (MEC101)
All documents for this subject (6)
Document information
- Uploaded on
- March 17, 2024
- Number of pages
- 14
- Written in
- 2023/2024
- Type
- Class notes
- Professor(s)
- Pushpender
- Contains
- All classes
Subjects
-
demand
-
elasticity of demand
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numerical of elasticity
-
law of demand
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handwritten notes
-
microeconomics demand
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factors effecting demand
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