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How to Derive Demand curve mathematically. In Simple Language With simple Examples.
Derived demand - sales of business products that frequently result (or derive) from the sales of consumer products. Example, consumer demand for Ford cars increases, the company may increase its demand for paint spraying equipment ( a business product).
an increase in price level would lead to a fall in AE, vice versa. So by plotting those points out, you can derive an AD curve
decompose total effect of price increase for an inferior good and giffen into substitution and income effect, in each case derive both the ordinary and compensated demand curve
This is possible because demand is a function of many many factors. The biggest ones are price and wealth (also known as income). If an agent's income goes up, their demand for any given good will also good up. If the price goes up, an agent's demand will go down. Thus you have the price and income elasticity of demand. In a market with two goods, if agents divide their income amongst goods (for instance apples and oranges), you could easily derive a cross-price elasticity of demand that measures how much the price/demand of one good changes when the other good changes.
How to Derive Demand curve mathematically. In Simple Language With simple Examples.
It is named for its patron goddess Athena.
Grocer needs to carry more mother phucking milk. :)
an increase in price level would lead to a fall in AE, vice versa. So by plotting those points out, you can derive an AD curve
Derived demand - sales of business products that frequently result (or derive) from the sales of consumer products. Example, consumer demand for Ford cars increases, the company may increase its demand for paint spraying equipment ( a business product).
Derived demand comes from demand for another product. For example, if coal is in high demand, then there will be derived demand for mining. Another example: A farmer grows crops. In order to grow crops he needs fertilizer. Therefore, the amount of fertilizer he needs to buy, will derive from the amount of crops he needs to grow. Basically, derived demand comes as a result of demand for something else.
Derived demand comes from demand for another product. For example, if coal is in high demand, then there will be derived demand for mining. Another example: A farmer grows crops. In order to grow crops he needs fertilizer. Therefore, the amount of fertilizer he needs to buy, will derive from the amount of crops he needs to grow. Basically, derived demand comes as a result of demand for something else.
decompose total effect of price increase for an inferior good and giffen into substitution and income effect, in each case derive both the ordinary and compensated demand curve
Capital programs derive from numerous factors which could include: business credit, personal credit of entrepreneurs, equipment cost, amount of time in business, kind of collateral, and period of financing term.
Derive the castiglino's theorem
it derive from Negro...lol
I derive that this question needs to be moved.