Economy, asked by rainyjaintinu, 9 months ago

D = f(PX) is a general form of function, in what manner it is lacking of explaining the relationship of dependent and independent variables? What are the functions which explain the relationship in detail, discuss?​

Answers

Answered by josephinemurugan2006
0

Answer:

depended

Explanation:

lacking of explaining

Answered by Anonymous
0

D = f(PX) is a general form of function is the demand function.

  • The demand function is dependent on the price and unit of commodity.
  • The dependent variable here is "D" which denotes demand and the independent variable is "P(X)" which denotes price.
  • The demand and price follow an inverse relationship. When price increases, demand falls and when price decreases, demand rises.
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