Why does an economist create a market demand curve? to predict how people will change their buying habits when prices change to have an idea of how a market would change if conditions in an area changed to show how various conditions can change the demand for a good to learn what demands the market will make under unusual conditions?

Question

10-02-2018
Business

contestada

Why does an economist create a market demand curve? to predict how people will change their buying habits when prices change to have an idea of how a market would change if conditions in an area changed to show how various conditions can change the demand for a good to learn what demands the market will make under unusual conditions?

Respuesta :

Otras preguntas

Which of these four liquids is a mixture, made of parts, some of which can be separated by filtration? A) salt water B) skimmed milk C) orange juice with pulp

a(n)------ kills insects. The suffix -cide comes from the latin word caedere, which means "to strike, kill"

Joe has 12 cups of soup in a pot. If he puts 1/4 cup of soup into each bowl, how many bowls will be used?

Evaluate the function f(x) = –2x2 – 3x + 5 for the input value –3.

Read the following passage: The Peace Corps was the embodiment of President John F. Kennedy’s call to the American people in his inaugural speech: “Ask not what

Ead the excerpt from It's Our World, Too!: Young People Who Are Making a Difference. Neto decided to ask Andy Percifield for help. Percifield was the student co

Classify the lines: -3x + y = -1 -6x + 2y = 8 A) Parallel B) Perpendicular C) Neither Parallel or Perpendicular D) Skew

PLEASE HELP! I will award brainliest to the most helpful answer. I need an in depth explanation, not just the answer. How do you know which side to shade/ where

The expressions are on the picture A) Is the expression in answer 'A' equivalent to -2.5 (1 - 2n) - 1.5n? * Yes No B) Is the expression in answer 'B' equivalent

jamuuj jamuuj · Answer 1 · 2018-02-21T18:58:41+01:00

I believe economists create demand curve to predict how people will change their buying habits when prices change. A demand curve is plot of Quantity of products or services demanded in the market against the prices for a given period of time. The price appears on the horizontal axis and the quantity demanded on the y axis. The demand is the quantity of goods or services that the consumers are willing and able to buy at a given period of time.