what is demand function
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Demand function and equation and curve
For example, Qd = f(P; Prg, Y) is a demand equation where Qd is the quantity of a good demanded, P is the price of the good, Prg is the price of a related good, and Y is income; the function on the right side of the equation is called the demand function.
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Demand function shows the relationship between quantity demanded for a particular commodity and the factors influencing it .
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