Cm.amc
Demand: Demond is the qyuantity of acommoditya
Coniumcr is h0ling and able to buy at each possible
price doring aqiuen time qeriad.
De mand is nNnen desire is backed by the ability and
aillingness to pas for ocommodity
Demancd is alwaus cde fined ith Ye fe rence to ca qien
Euen at Same price demand tor a
time pe riod the
the ime
partcular com modity can Change as pper
Demond is aaays defined hithreference to price hen
demancd.
there is a change in pricethere is a change in
Ihdividual De mand:lt is the auantify of a com nodity
Q consumer ls wiling nd able to buy at cach po Ssible
pice ,duing a qiven time period
Marhet Dem Qnc: lt iS the Quant ty of a comm0dity
all tne Consumer are iling Qnd able to buu Qt each
possibe price during aa giuea
qiven time peiod
hcdiuidoal2 M-)
indinicdual X indivi'clual y
46 30 20
30 60 |0
B
50
, Factors Affcching Demand Cind iuidual Demana)
()rice of theqive.
qiven commodiy
Most inportùni t ctoy aftecting Demand
here is n einverie
rclation chie betleen pricc and
qanhty demanded ,wnich mean that 0s the prte
decre caiesdemancd for a parti Cular co mn odi ty
lnCr eases ndwice Versa
Price Quantity be man ded
Price Vanhtu Demanded1
Price o Related Goods
Related aoods tnoie aodsia which (hanGe in.
frice af Change i de mand
Of the 0ther
There are 2 tu per 0£ Relate cd qo0ds:
Suks4itute GnodS; Ihose qoods hich can be used in
place of other goods to Satisfs o
particulay nant
QYe Caled sols titute
An in cre as e in price of ubstutute a0 oc Icacls to
hcre ase in dem ahd fhor he
Men (ommo cdity
guen
An in cYe ae in pyiCe ot the aven conm n acity lead
of the subsitute
goad.
Demand: Demond is the qyuantity of acommoditya
Coniumcr is h0ling and able to buy at each possible
price doring aqiuen time qeriad.
De mand is nNnen desire is backed by the ability and
aillingness to pas for ocommodity
Demancd is alwaus cde fined ith Ye fe rence to ca qien
Euen at Same price demand tor a
time pe riod the
the ime
partcular com modity can Change as pper
Demond is aaays defined hithreference to price hen
demancd.
there is a change in pricethere is a change in
Ihdividual De mand:lt is the auantify of a com nodity
Q consumer ls wiling nd able to buy at cach po Ssible
pice ,duing a qiven time period
Marhet Dem Qnc: lt iS the Quant ty of a comm0dity
all tne Consumer are iling Qnd able to buu Qt each
possibe price during aa giuea
qiven time peiod
hcdiuidoal2 M-)
indinicdual X indivi'clual y
46 30 20
30 60 |0
B
50
, Factors Affcching Demand Cind iuidual Demana)
()rice of theqive.
qiven commodiy
Most inportùni t ctoy aftecting Demand
here is n einverie
rclation chie betleen pricc and
qanhty demanded ,wnich mean that 0s the prte
decre caiesdemancd for a parti Cular co mn odi ty
lnCr eases ndwice Versa
Price Quantity be man ded
Price Vanhtu Demanded1
Price o Related Goods
Related aoods tnoie aodsia which (hanGe in.
frice af Change i de mand
Of the 0ther
There are 2 tu per 0£ Relate cd qo0ds:
Suks4itute GnodS; Ihose qoods hich can be used in
place of other goods to Satisfs o
particulay nant
QYe Caled sols titute
An in cre as e in price of ubstutute a0 oc Icacls to
hcre ase in dem ahd fhor he
Men (ommo cdity
guen
An in cYe ae in pyiCe ot the aven conm n acity lead
of the subsitute
goad.
