Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The total demand consists of:
1. New owner demand and
2.A replacement demand
The replacement demand tends to grow with the in the total stock with the consumers. Once a person gets used to a thing she is unlikely to give it up at some future date. This makes replacement demand regular and predictable. For certain established products life expectancy tables are been prepared in developed countries in order to estimate the average replacement rates. When purchasing power increases the scrap page tens to increase. The total demand it symbolically stated as D = N + R where N is new owner demand and R is the replacement demand. Each of these independent variable may be forecasted separately. The purchasing power the number of families and some other factors depending on the product concerned set an upper limit to the maximum or the optimum ownership level. It is the level towards which the actual volume of consume stock tends to gravitate. The difference between optimum and the actual stock shows the growth potential of the demand for durable goods.
Tc and TVC curves have an inverted s-shape
National Budget: A National Budget is a document showing estimates of expected government revenue and intended expenditure for the coming financial year. It usually consist of
the general characterictics of economic models,its limitations and verification
Bilateral and Multilateral Contracts Bilateral contract is defined as to purchase & sell certain quantities of a commodity at the agreed upon prices may be entered into between the
types of market competitions
Price Elasticity of Demand is explained below: Price elasticity of demand/require is the percentage change in the quantity demanded with respect to the percentage change in the
Transactions demand for money: Transactions demand for money represents cash balances held by economic agents in order to carry outordinary everyday transactions.For example,
The total demand consists of: 1. New owner demand and 2.A replacement demand The replacement demand tends to grow with the in the total stock with the consumers. Once a pe
reasons for and against free trade with foreign sector
Q. Explain about Banking Cycle? An economic cycle that results from cyclical changes in the attitudes of banks toward lending risk. When economic times are good, bankers become
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd