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Indifference curve analysis is not much in use because it only tells us that demand curve has a negative slope except when they don't .?
Wiki User
∙ 13y ago
indifference curve analysis is not much in use because it only tells us that demand curve has a negative slope except when they don't ....
Wiki User
∙ 13y ago
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What is the pragmatic approach to demand analysis?
recent development in the theory to demand analysis
How the analysis of demand contributes to business decision making?
analysis of demand contribute to business decision making
Why does the demand curve have negative slope?
because quantity is on x axis and price is on y axis and as the price increase the demand decrease
Demand curve slopes downwards from left to right. this is the negative slope that shows the inverse relationship between price and demand. explain why does the demand curve slope downwards?
because demand decreases as price increases :)
Different states of demand?
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
Importance of demand analysis?
Analysis of demand is a methodology under which we analyze the influences of the determinants of demand on demand itself. It is important because the demand determines the sustainability and expansion of business
After computing a elasticity demand and it result was negative what does it implies in economic?
The price elasticity of demand should be negative. This is because the relationship between demand and price, according to the law of demand, is negative.
Derivation of demand curve using the indifference curve approach?
The derivation of an individual consumer demand curve can be done using the indifference curve approach. This is done by preparing the demand schedule of a consumer from the price consumption curve.
What is the pragmatic approach to demand analysis?
recent development in the theory to demand analysis
How the analysis of demand contributes to business decision making?
analysis of demand contribute to business decision making
Why does the demand curve have negative slope?
because quantity is on x axis and price is on y axis and as the price increase the demand decrease
Demand states in marketing with examples?
negative demand
Demand states and marketing tasks in negative demand?
a. Negative: Target market is aware of product but not interested or don't like it e.g. vegans have negative demand for meat i. Marketing Task: Reverse demand (conversional marketing)
Demand curve slopes downwards from left to right. this is the negative slope that shows the inverse relationship between price and demand. explain why does the demand curve slope downwards?
because demand decreases as price increases :)
Different states of demand?
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
Which direction does the demand curve slope?
Is always negative. (should be in all caps for emphasis)
Why is o negative in such demand?
because it is a real universal donor and can donate to every blood group safely.
