THEORY OF DEMAND NOTES
| Institution | KENYATTA UNIVERSITY |
| Course | COMMERCE & ECONOMIC... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 53 Pages |
| File Size | 663.65 KB |
| Views | 6510 |
| Downloads | 0 |
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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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