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Determine the Specific Place of demand
The demand should relate to a specific market as well. For instance, every year in the town of Dehradun, demand for school bags is 4,000 at a price of Rs. 200. Therefore the demand of a product is an effective need that determines the quantity of a product that will be bought at a specific price in a specific market at some stage in a particular period. However the significance of a specific market or place isn't as significant as the time period and price for which demand is being measured.
Transitional unemployment Transitional unemployment is that situation which prevails due to some temporary reasons. The main reason for this type of unemployment are:
Airbus Boeing Demand P = 182.868 - 0.0003Q P = 198.6592 - 0.00013Q TVC Curve TVC = 104.8822Q - 0.001Q^2 + 0
how manager can apply scarcity and oppotunity cost in managerial decision making
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Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2.
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