what is the aims and objectives of individual demand schedule
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In this article we will discuss about Demand Analysis:- 1. Objectives of Demand Analysis 2. Importance of Demand Analysis 3. Laws 4. Functions.
Objectives of Demand Analysis:
According to Dean, demand analysis has four managerial purposes:
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Explanation:
Individual demand schedule refers to a tabular statement showing various quantities of a commodity that a consumer is willing to buy at various levels of price, during a given period of time. Table 3.1 shows a hypothetical demand schedule for commodity 'x'. Price. (in rs)
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