Determine the specific place of demand, Managerial Economics

Assignment Help:

Determine the Specific Place of demand

The demand should relate to a specific market as well. For instance, every year in the town of Dehradun, demand for school bags is 4,000 at a price of Rs. 200.
Therefore the demand of a product is an effective need that determines the quantity of a product that will be bought at a specific price in a specific market at some stage in a particular period. However the significance of a specific market or place isn't as significant as the time period and price for which demand is being measured.


Related Discussions:- Determine the specific place of demand

Search theory and unemployment, Search Theory and Unemployment   You mu...

Search Theory and Unemployment   You must understand the search and matching theories of unemployment in  the context of other theories of unemployment. With this objective  in

Structure, structure of managerial economics

structure of managerial economics

Scarcity, What is the role of scarcity in management decisions-making

What is the role of scarcity in management decisions-making

Institutional intervention theories, The institutional intervention theorie...

The institutional intervention theories Collective bargaining provides an example of what is sometimes called bi- lateral monopoly; the trade union being the monopolist suppli

Difficulties in using fiscal policy, Difficulties in using fiscal policy ...

Difficulties in using fiscal policy There are several problems involved in implementing fiscal policy.  They include: Theoretical problems Monetarists and the Keynesia

External debt problem, External Debt Problem External debt refers to d...

External Debt Problem External debt refers to debt owing by one country to another.  External debt is a more serious problem than internal debt because the payment of interest

Balance of payments, BALANCE OF PAYMENTS The Balance of Payments of a ...

BALANCE OF PAYMENTS The Balance of Payments of a country is a record of all financial transactions between residents of that country and residents of foreign countries.  (Resi

Determine the law of demand curve, Determine the law of Demand Curve Th...

Determine the law of Demand Curve The law of demand can also be presented through a curve known as demand curve. Demand curve is a locus of points showing numerous alterative p

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd