Economics- demand and supply
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Transcript of Economics- demand and supply
![Page 1: Economics- demand and supply](https://reader036.fdocuments.us/reader036/viewer/2022062502/58aa904a1a28ab85678b4743/html5/thumbnails/1.jpg)
BY: ANKITA PATIL
RAMYA TNSHRADDHA TAMBAT
DERRICK JOSEPH
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DEMAND SUPPLY
LOADING…
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Price of Commodi
tyGoals Of Firms
Input Prices
Technique of
Production
Nature of Productio
n Natural Factors
Nature of Commodit
yAgreement
among ProducersTransport
and Communicat
ion
DETERMINANTS OF DEMAND &
SUPPLYPrices of
related commodit
ies
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THE LAW OF DEMAND
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The Demand Curve
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THE SHIFT IN THE DEMAND CURVE
D3
D1D2
3
10
15
20
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SUPPLYI want to sell. I have the
production skill.
I am willing to produce in a particular time at a
particular price.
I am the SUPPLIER.
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Individual Supply Curve
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TIME PERIOD AND SUPPLYMarket Price
Long Term
Short Term
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Movement Along Supply Curve
CONTRACTION
EXTENSION
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Shift Along Supply Curve
Increase
Decrease
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Equilibrium
Demand Supply
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E1P1
Q1
D1S1
D2
E2P2
Q2
D3
E3P3
Q3
Equilibrium priceEquilibrium quantity
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E1P1
Q1
D1S1
Q4
P4E4
S2
P5
Q5
E5S3
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THANK YOU