Please explain the various determinants of market demand??
2007-02-28 01:01:49 · 3 answers · asked by Lucky 2 in Social Science ➔ Economics
In economics, aggregate demand is the total demand for goods and services in the economy (Y) during a specific time period. An aggregate demand curve is the sum of individual demand curves. The aggregate demand function is represented as : Yd= C+I+G+NX. This function shows that the aggregate demand is equal to the sum of consumption (C), Investment (I), Government spending (G) and the Net export (NX).
2007-02-28 12:08:23 · answer #1 · answered by Katt_in_the_Hat 6 · 1⤊ 0⤋
Market demand refers to the relationship of quantity demanded and price of the good, hence these two items are not determinants of market demand. However, anything that impacts quantity demanded for ANY price is a determinant. Examples include changes in the relative prices of complementary goods and substitute goods, changes in the quality of the product, and changes in the taste for or utility of that product.
2007-03-01 05:42:22 · answer #2 · answered by Veritatum17 6 · 0⤊ 0⤋
sure, "the marketplace" did call for the internet. in simple terms because the marketplace demands some thing would not continually advise it really is about money. Take open source application for instance. many human beings create those classes and grants them away for loose. that do not have some thing to do with any authorities money OR deepest money.
2016-12-05 01:37:05 · answer #3 · answered by abigail 4 · 0⤊ 0⤋