Demand Function

The function capturing the dependent relationship between the price people are willing to pay for products or service and other factors related to that product or service. These other factors include the cost associated with making the product, the technology employed in making the goods, the number  of vendors operating in a market, the price at which competing vendors are providing same products, and the supply of the product available to clients.

Posted Date: 10/16/2012 5:21:13 AM | Location : United States

Ask an Expert

Related Discussions:- Demand function, Assignment Help, Ask Question on Demand function, Get Answer, Expert's Help, Demand function Discussions

Write discussion on Demand function
Your posts are moderated

Write your message here..

Related Questions

CONSUMER BEHAVIOR, DISCUSS THE HICKSIAN & SLUTSKIAN APPROACH TO CONSUMER BE... DISCUSS THE HICKSIAN & SLUTSKIAN APPROACH TO CONSUMER BEHAVIOR WHERE THERE IS CHANGE IN PRICE OF ONE GOOD GIVEN TWO GOODS

Trade, What are the basis for International Trade? What are the basis for International Trade?

PRODUCTION FUNCTION, discuss the problems of measuring productivity in actu... discuss the problems of measuring productivity in actual work situations. how might productivity be measured for each of the following industries: education, government and manufac

Seaports and airports - transport infrastructure, Seaports and Airports: ... Seaports and Airports: Seaports India has 12 major ports and about 185 minor ports over its coastline spread over 7,000 kms. Major ports are managed by the Central Government

Rational producer, would a rational producer be concerned with the average ... would a rational producer be concerned with the average or marginal product of an input in dec

Equilibrium, what is pooling equilibrium what is pooling equilibrium

Chapter 7, a firm has fixed costs of $60 and variable costs as indicated at... a firm has fixed costs of $60 and variable costs as indicated at the bottom of this page. complete the table and check your calculations

Time serie, uses of time series in indian economy uses of time series in indian economy

HDI, how to write an assignment on Human development index how to write an assignment on Human development index

Strategic importance of supply chain management, Strategic Importance of Su... Strategic Importance of Supply Chain Management This describes the scope of supply chain management (SCM), including the management of procurement, logistics and materials. It