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DEMAND создатель Mind Map: DEMAND

1. Quantity of the commodity

2. DEMAND FUNCTION

2.1. RELATION-Qty demanded-factors affecting it

2.2. Dx= f( Px,Pr,Y,T,F)

3. Demand schedule

3.1. Tabular representation

3.2. Qty demanded and level of price

4. Demand Curve

4.1. Of demand schedule

4.2. Graphical representaion

5. LAW OF DEMAND

5.1. iNVERSE REALTIONSHIP

5.2. B/w PRICE AND QTY DEMANDED

5.3. Other factors constant (ceterus paribus)

6. Price of given commodity

6.1. Inverse relation

7. particular price

8. particular period of time

9. willingness to buy

10. Individual demand

11. Market demand

12. Determinants Individual demand

12.1. Price of related goods

12.1.1. Subsitute good

12.1.1.1. Direct relation

12.1.2. Complementary goods

12.1.2.1. Inverse relation

12.2. Income of the consumer

12.2.1. normal goods

12.2.1.1. direct relation

12.2.2. inferior goods

12.2.2.1. Inverse relation

12.3. `Taste and prefeence

12.3.1. Direct relation

12.4. Change in future price

12.4.1. Direct relation

13. Determinants market demand

13.1. Season and weather

13.2. Composition of population

13.3. Distribution of income

14. quantity of the commodity

15. Movement along demand curve

15.1. due to price of commodity

15.1.1. change in qty demanded

15.2. Expansion

15.2.1. Contraction

16. Shift in demand curve

16.1. due to factors other than price

16.1.1. change in demand

16.2. Leftward

16.2.1. rightward