If you want to change selection, open document below and click on "Move attachment"
Law of demand - Wikipedia, the free encyclopedia ction 3 Exceptions to the law of demand
3.1 Giffen goods 3.2 Expectation of change in the price of commodity 3.3 Basic or necessary goods
4 The law of demand and change in demand 5 See also 6 References
<span>Mathematically, the inverse relationship may be expressed as a causal relation:
where is the quantity demanded of good x, is the price of the good, is the demand function, and is its derivative.
Here, is the causal factor (independent variable) and Is the dependent variable.
A demand curve is a graphical depiction that abides by the law of demand. It shows how the quantity demanded of some product during a specified period of
last reprioritisation on
suggested re-reading day
started reading on
finished reading on
Do you want to join discussion? Click here to log in or create user.