PPT-Demand Curve Q = 5000 – 10P

Find equation for Total Revenue Find equation for Marginal Revenue Q 5000 10P Find price and quantity at which Total Revenue is maximized What is the level of maximum revenue Demand Curve. Extension Class Presentation. Ruth Tarrant. Consumption functions. 45⁰ line. C = a + . bY. Consumption (C). Income (Y). Yo. a = y-intercept = autonomous consumption (i.e. the level of consumption when income is zero). A table showing how much of a good or service consumers will want to buy at different prices. See pg. 50; Figure 5.1. Demand Schedule. Demand Curve – A graphical representation of the demand schedule. The Curve and the Determinants. The Investment Demand Curve. This curve shows the amount of investment forthcoming at each real interest rate. . The main determinants of investment are the . expected rate of return and the real interest rate. . 4 Markets. STUDY this . power point CAREFULLY!. # 13-#18. #19. ©2012, TESCCC. Law of Demand. When price increases . . .. quantity demanded decreases.. OR. When price decreases . . .. quantity demanded increases.. Joe Monahan. Josh Onuska. Back Story. N.S. - Largest rail shipper of automobiles. Scope. Exclusive deal with Ford (1.9 million sold in 2010). Facilities operating 24 hours / 7 days . East Coast distribution. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. Elasticity. Questions 1-3 deal with elasticity, specifically, we are looking at the price elasticity of demand. . The price elasticity of demand is the percentage change in quantity demanded given a percentage change in price. We can write this mathematically as: . Aggregate Demand. Aggregate Demand slopes downward like other demand curves, but for different reasons.. Aggregate Demand. An increase in the aggregate price level will cause real spending to decrease. This is seen as a movement upward along a given AD curve. , . ability. , and . willingness. to buy a product.. Law of Demand. Price and demand are inverse.. As price goes up = demand goes down. As price goes down = demand goes up. DEMAND SCHEDULE. A listing that shows corresponding prices and quantities demanded.. Place Value, Mental Calculation Strategies, Money Year 2 Summer Term Week 9 Lesson 2 Today we will be learning to: total prices use the correct number operation (+,–) solve word problems recognise coins. Reasons for Changes in Demand. Assume that Demand Curve B represents the baseline (original) annual consumption of U.S.-made cars.. For each of the following scenarios, decide: . Will this event cause a shift in the demand curve?. DEMAND CURVE . DEMAND. Ang. . konseptong. . ito. ay . nakatuon. . sa. . gawi. . ng. . mamimili. . sa. . pamilihan. .. Ang. demand ay . tumutukoy. . sa. . dami. . ng. . produkto. Agenda. Bell Ringer: CBM #3 (Chapters 5 and 6). Preview – How much are you willing to pay?. The Law of Demand . and . Demand Shifters. Activity . – Demand . headlines. Exit Ticket – Find your own!. Prepared by Anindita Chakravarty. INTRODUCTION. The kinked demand curve of oligopoly was developed by . Paul M. . Sweezy. in 1939. . The model advocates that the . behavior of oligopolistic organizations remain stable . Explain. the law of demand and how a demand schedule is represented in a demand curve. . Understand. the difference between and individual and a market demand curve.. Law of Demand. Key Terms. Demand.