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Justin Economy

发布时间：2023-02-15 15:05:47 来源：文档文库

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幻灯片1supplyanddemandJUSTINYANG幻灯片2DemandandSupplyDemandscheduleandDemandCurveSupplyScheduleandSupplyCurve2016-6-162幻灯片3Demand:Thequantityofgoodsorservicesthatconsumersarepreparedtobuyoveraspecifictimeperiod.Consumer’spreferences(willingRestrictedbyconsumerincomebudget2016-6-163幻灯片4DemandandQuantityDemandedQuantityDemanded:Thequantityofagoodorservicethataconsumeriswillingtopurchaseatagivenprice.2016-6-164幻灯片5TheLawofDemand:allelsebeingequal,asthepriceofaproductincreases(↑,quantitydemandedfalls(↓;likewise,asthepriceofaproductdecreases(↓,quantitydemandedincreases(↑".Insimpleterms,thelawofdemanddescribesaninverserelationship,andanelasticity,betweenpriceandquantityofdemand.2016-6-165幻灯片6
DemandandQuantityDemandedNeedsanddesiresDesireisnatural,subjective;demandispremisedontheabilitytopay,restrictedpurchasingpower,reflectsadecisionaboutwhichdesireswithlimitedresourcestomeet.Demand:inagivenperiodbythenumberofconsumerswillingtobuygoodsandservices(withemphasisontherelationshipbetweentheproductitselfbetweenthepriceRequirements:arelationshipofthequantityofgoodsandcommoditypricesoutside.2016-6-166幻灯片7DemandScheduleDemandschedule:Atableshowingtherelationshipbetweenthepriceofaproductandthequantityoftheproductdemanded.2016-6-167幻灯片82016-6-16

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