07-05-2014, 12:52 PM
Theory of Demand
Theory of Demand.pptx (Size: 40.02 KB / Downloads: 15)
Exceptions to the Law Of Demand
Luxurious / Prestigious Goods
Giffen Goods
Ignorance
Future expectation of Prices.
Reasons for Downward sloping Demand curve
Law of Diminishing Marginal Utility
Consumer’s Equilibrium
Real Income Effect
Substitution effect