Demand Analysis

[object Object],[object Object],[object Object],[object Object]

Slope of DD Curve ,[object Object],[object Object],[object Object],[object Object]

Complete the table if Q=100-0.25P ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Individual & Market DD ,[object Object],[object Object],[object Object],[object Object],[object Object]

Market DD Schedule ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Why study Demand ,[object Object],[object Object],[object Object],[object Object]

Exceptional DD Curve ,[object Object],[object Object],[object Object],[object Object],[object Object]

Uncertain Product Quality ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Supply ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Slope of SS Curve ,[object Object],[object Object]

Calculate Qs for the following prices if Qs= - 40+20P ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

PRICE ELASTICITY OF DEMAND OR ELASTICITY OF DEMAND ,[object Object],[object Object],[object Object],[object Object],July20. 2006

[object Object],[object Object],[object Object],[object Object],July20. 2006

Calculate PED at point P=10 Q=360. If P=100-0.25Q ,[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

PERFECTLY INELASTIC ,[object Object],July20. 2006 Price Quantity E d = 0

PERFECTLY ELASTIC ,[object Object],July20. 2006 Price Quantity E d = 

UNITARY ELASTIC ,[object Object],July20. 2006 Price Quantity E d = -1 This curve is a ‘rectangular hyperbola ’

MEASUREMENT OF PED ,[object Object],[object Object],[object Object],[object Object],July20. 2006

The Demand-Curve:Examples ,[object Object],July20. 2006 Price Quantity E d = -1 E d = 0 E d = - 

DETERMINANTS OF OWN-PRICE ELASTICITY ,[object Object],[object Object],[object Object],[object Object],July20. 2006

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

MANAGERIAL USES ,[object Object],[object Object],[object Object],[object Object],July20. 2006

INCOME ELASTICITY OF DD ,[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

Determinants ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

CROSS PRICE ELASTICITY ,[object Object],[object Object],[object Object],July20. 2006

[object Object],[object Object],[object Object],July20. 2006

Determinants ,[object Object],[object Object],[object Object],July20. 2006

PROMOTIONAL ELASTICITY OF DD ,[object Object],[object Object],[object Object],[object Object],July20. 2006

Demand & Marginal Revenue ,[object Object],July20. 2006 RS. Quantity E d = 1 E d = 0 E d =  Marginal Revenue

[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

Price, MR & TR ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],July20. 2006

July20. 2006 D MR Rs . TR Max. Rev Output

Demand Analysis

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Demand Analysis