economics- demand and supply

16
BY: ANKITA PATIL RAMYA TN SHRADDHA TAMBAT DERRICK JOSEPH

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Page 1: Economics- demand and supply

BY: ANKITA PATIL

RAMYA TNSHRADDHA TAMBAT

DERRICK JOSEPH

Page 2: Economics- demand and supply

DEMAND SUPPLY

LOADING…

Page 3: Economics- demand and supply

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

Page 4: Economics- demand and supply

THE LAW OF DEMAND

Page 5: Economics- demand and supply
Page 6: Economics- demand and supply

The Demand Curve

Page 7: Economics- demand and supply

THE SHIFT IN THE DEMAND CURVE

D3

D1D2

3

10

15

20

Page 8: Economics- demand and supply

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.

Page 9: Economics- demand and supply

Individual Supply Curve

Page 10: Economics- demand and supply

TIME PERIOD AND SUPPLYMarket Price

Long Term

Short Term

Page 11: Economics- demand and supply

Movement Along Supply Curve

CONTRACTION

EXTENSION

Page 12: Economics- demand and supply

Shift Along Supply Curve

Increase

Decrease

Page 13: Economics- demand and supply

Equilibrium

Demand Supply

Page 14: Economics- demand and supply

E1P1

Q1

D1S1

D2

E2P2

Q2

D3

E3P3

Q3

Equilibrium priceEquilibrium quantity

Page 15: Economics- demand and supply

E1P1

Q1

D1S1

Q4

P4E4

S2

P5

Q5

E5S3

Page 16: Economics- demand and supply

THANK YOU