Basic Assumptions of Law of Demand

Assumptions of Law of Demand Law of Demand can operate and remain valid only if certain things like income, population size, climate, consum...

Factors Affecting Demand - Determinants of Demand

Determinants of Demand The following image depicts determinants of demand with their relations.The factors affecting demand are:Price, Incom...

Extension and Contraction of Demand with Graph

Extension and Contraction of Demand Assuming other factors (or determinants) remain constant (don't change), the change seen in the dema...