economics- demand and supply
TRANSCRIPT
BY: ANKITA PATIL
RAMYA TNSHRADDHA TAMBAT
DERRICK JOSEPH
DEMAND SUPPLY
LOADING…
Price of Commodi
tyGoals Of Firms
Input Prices
Technique of
Production
Nature of Productio
n Natural Factors
Nature of Commodit
yAgreement
among ProducersTransport
and Communicat
ion
DETERMINANTS OF DEMAND &
SUPPLYPrices of
related commodit
ies
THE LAW OF DEMAND
The Demand Curve
THE SHIFT IN THE DEMAND CURVE
D3
D1D2
3
10
15
20
SUPPLYI want to sell. I have the
production skill.
I am willing to produce in a particular time at a
particular price.
I am the SUPPLIER.
Individual Supply Curve
TIME PERIOD AND SUPPLYMarket Price
Long Term
Short Term
Movement Along Supply Curve
CONTRACTION
EXTENSION
Shift Along Supply Curve
Increase
Decrease
Equilibrium
Demand Supply
E1P1
Q1
D1S1
D2
E2P2
Q2
D3
E3P3
Q3
Equilibrium priceEquilibrium quantity
E1P1
Q1
D1S1
Q4
P4E4
S2
P5
Q5
E5S3
THANK YOU