THEORY OF DEMAND NOTES

Institution KENYATTA UNIVERSITY
Course COMMERCE & ECONOMIC...
Year 1st Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 53 Pages
File Size 663.65 KB
Views 5203
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Description

The purpose of the theory of demand is to determine the various factors that affect demand of a commodity. That is, the establishment of the law of demand that states that the market demand is negatively related to the price.
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