What is theory of demand?

Mathematics

2 answers:

Yuri [45]3 years ago

4 0

Answer:

Demand theory is an economic principle relating to the relationship between consumer demand for goods and services and their prices in the market. ... As more of a good or service is available, demand drops and so does the equilibrium price.

Anna [14]3 years ago

3 0

Demand theory describes the way that changes in the quantity of a good or service demanded by consumers affects its price in the market, The theory states that the higher the price of a product is, all else equal, the less of it will be demanded, inferring a downward sloping demand curve.

You might be interested in

1/3(−32.48−14.02) Enter your answer, as a decimal to tenths, in the box

Mrac [35]

Mdgts Answer is -15.5

7 0

3 years ago

3. Which phrase best describes the function of the ATP molecule?

aliina [53]

Answer:

1.) Carries energy

Step-by-step explanation:

A good summary of an ATP molecule is a molecule that transfers energy between cells... meaning it carries energy from cell to cell. Furthermore, energy cannot be destroyed, and cannot be absorbed, only changed and transformed. This leaves us with two options, (1. Carries energy, and 4. None of the above). Since we already have a basic understanding of what an ATP molecule does, we can confidently determine that the correct answer is that an ATP molecule can best be described as carrying energy.

5 0

3 years ago

Step 3: Construct an angle and a perpendicular bisector.

Yuliya22 [10]

Answer:

huh

Step-by-step explanation:

5 0

2 years ago

What is the value of x2 + 2y ÷ 2w + 3z for w = 2, x = 5, y = 8, and z = 3?

pav-90 [236]

The answer to this question is 23

5 0

4 years ago

Help please !!!!!!!!!!!!!!!!

mr_godi [17]

Answer:

(12,10)

Step-by-step explanation:

5 0

3 years ago

Read 2 more answers

What is theory of demand?​

What is theory of demand?