SlideShare a Scribd company logo
1 of 22
TOPICS COVERED ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DEMAND ,[object Object],[object Object],[object Object],IF ALL 3 THINGS ARE THERE THEN PETROL IS THE DEMAND OF THAT PERSON.
Law of Demand ,[object Object],[object Object]
Curve of Law of Demand PRICE QUANTITY 5 10 4 20 3 30 2 40 1 50
Law of Supply ,[object Object],[object Object]
Curve of Law of Supply  PRICE QUANTITY 5 50 4 40 3 30 2 20 1 10
Equilibrium:- ,[object Object],[object Object],[object Object]
Curve of Equilibrium PRICE QUANTITY DEMANDED QUANTITY SUPPLIED 5 10 50 4 20 40 3 30 30 2 40 20 1 50 10
Shortage and Surplus ,[object Object],[object Object],[object Object],[object Object]
Shift in the Demand Curve ,[object Object],[object Object],[object Object],[object Object],[object Object]
Shift in Demand curve
Equilibrium After a Demand Shift
Shift in Supply Curve ,[object Object],[object Object],[object Object],[object Object]
Shift in Supply Curve
Equilibrium After a Supply Shift
CASE STUDY ,[object Object],[object Object],[object Object]
Continued…. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Continued….. ,[object Object],[object Object],[object Object],[object Object]
E1 SUPPLY1 DEMAND 1 1.4 QUANTITY PRICE E2 SUPPLY2
LIVE EXAMPLE:- ,[object Object],[object Object]
EFFORTS OF:- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

Cross price elasticity of demand
Cross price elasticity of demandCross price elasticity of demand
Cross price elasticity of demandbusinesstopia
 
Demand , Supply and Market Equilibrium
Demand , Supply and Market EquilibriumDemand , Supply and Market Equilibrium
Demand , Supply and Market EquilibriumMD SALMAN ANJUM
 
Income and Cross Elasticity
Income and Cross ElasticityIncome and Cross Elasticity
Income and Cross ElasticityManvi Agarwal
 
demand curve
demand curvedemand curve
demand curveJyothi P
 
The Market Forces of Supply and Demand
The Market Forces of Supply and DemandThe Market Forces of Supply and Demand
The Market Forces of Supply and DemandChris Thomas
 
Elasticity Of Supply And Demand
Elasticity Of Supply And DemandElasticity Of Supply And Demand
Elasticity Of Supply And DemandKevin A
 
Price Elasticity of Supply
Price Elasticity of SupplyPrice Elasticity of Supply
Price Elasticity of Supplytutor2u
 
Chapter 4 individual and market demand
Chapter 4 individual and market demandChapter 4 individual and market demand
Chapter 4 individual and market demandYesica Adicondro
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentationjohn3092
 
Supply, Demand and Market Equilibrium
Supply, Demand and Market EquilibriumSupply, Demand and Market Equilibrium
Supply, Demand and Market Equilibriumdmonalon
 
Determinants of demand
Determinants of demandDeterminants of demand
Determinants of demandzakir farooqui
 
Factors Affecting Demand
Factors Affecting DemandFactors Affecting Demand
Factors Affecting DemandBrian Coil
 
The Market Forces of Supply and Demand
The Market Forces of Supply and DemandThe Market Forces of Supply and Demand
The Market Forces of Supply and DemandTuul Tuul
 

What's hot (20)

Elasticity of demand
Elasticity of demandElasticity of demand
Elasticity of demand
 
Types of demand
Types of demandTypes of demand
Types of demand
 
Market forces supply and demand
Market forces supply and demandMarket forces supply and demand
Market forces supply and demand
 
Cross price elasticity of demand
Cross price elasticity of demandCross price elasticity of demand
Cross price elasticity of demand
 
Demand , Supply and Market Equilibrium
Demand , Supply and Market EquilibriumDemand , Supply and Market Equilibrium
Demand , Supply and Market Equilibrium
 
Income and Cross Elasticity
Income and Cross ElasticityIncome and Cross Elasticity
Income and Cross Elasticity
 
Elasticity Concepts
Elasticity  ConceptsElasticity  Concepts
Elasticity Concepts
 
demand curve
demand curvedemand curve
demand curve
 
Demand analysis
Demand analysisDemand analysis
Demand analysis
 
Law of demand
Law of demandLaw of demand
Law of demand
 
The Market Forces of Supply and Demand
The Market Forces of Supply and DemandThe Market Forces of Supply and Demand
The Market Forces of Supply and Demand
 
Elasticity Of Supply And Demand
Elasticity Of Supply And DemandElasticity Of Supply And Demand
Elasticity Of Supply And Demand
 
Price Elasticity of Supply
Price Elasticity of SupplyPrice Elasticity of Supply
Price Elasticity of Supply
 
Chapter 4 individual and market demand
Chapter 4 individual and market demandChapter 4 individual and market demand
Chapter 4 individual and market demand
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentation
 
Supply, Demand and Market Equilibrium
Supply, Demand and Market EquilibriumSupply, Demand and Market Equilibrium
Supply, Demand and Market Equilibrium
 
Determinants of demand
Determinants of demandDeterminants of demand
Determinants of demand
 
Factors affecting demand
Factors affecting demandFactors affecting demand
Factors affecting demand
 
Factors Affecting Demand
Factors Affecting DemandFactors Affecting Demand
Factors Affecting Demand
 
The Market Forces of Supply and Demand
The Market Forces of Supply and DemandThe Market Forces of Supply and Demand
The Market Forces of Supply and Demand
 

Similar to Demand And Supply

Market equilibrium by Maryan Joy Lopez
Market equilibrium by Maryan Joy LopezMarket equilibrium by Maryan Joy Lopez
Market equilibrium by Maryan Joy LopezMaryan Lopez
 
Supply and Demand
Supply and DemandSupply and Demand
Supply and Demandmscuttle
 
4. Government Policies.pptx
4. Government Policies.pptx4. Government Policies.pptx
4. Government Policies.pptxtrew4
 
Information Systems for Decision-MakingAssignment 1 The CEO’s.docx
Information Systems for Decision-MakingAssignment 1 The CEO’s.docxInformation Systems for Decision-MakingAssignment 1 The CEO’s.docx
Information Systems for Decision-MakingAssignment 1 The CEO’s.docxjaggernaoma
 
2. demand and supply
2. demand and supply2. demand and supply
2. demand and supplyShivam Taneja
 
2. Macro Economics..demand & supply
2.  Macro Economics..demand & supply2.  Macro Economics..demand & supply
2. Macro Economics..demand & supplyVIKAS SHARMA
 
Demand & supply iimm
Demand & supply iimmDemand & supply iimm
Demand & supply iimmishwarijoshi
 
Applications of Demand & Supply Elasticity.pptx
Applications of Demand & Supply Elasticity.pptxApplications of Demand & Supply Elasticity.pptx
Applications of Demand & Supply Elasticity.pptxAkashdeepMukherjee2
 
Ch03 ss,dd and-mkt
Ch03 ss,dd and-mktCh03 ss,dd and-mkt
Ch03 ss,dd and-mktshadzx89
 
Demand and supply presentation
Demand and supply presentationDemand and supply presentation
Demand and supply presentationSheeraz Latif
 
Demand Supply and Price Theory - 2.pptx
Demand Supply and Price Theory - 2.pptxDemand Supply and Price Theory - 2.pptx
Demand Supply and Price Theory - 2.pptxParamSivan1
 

Similar to Demand And Supply (20)

Demand Theory.pptx
Demand Theory.pptxDemand Theory.pptx
Demand Theory.pptx
 
Basicelementsofsupply
BasicelementsofsupplyBasicelementsofsupply
Basicelementsofsupply
 
Elements of Demand and Supply
Elements of Demand and SupplyElements of Demand and Supply
Elements of Demand and Supply
 
Demand
DemandDemand
Demand
 
Market equilibrium by Maryan Joy Lopez
Market equilibrium by Maryan Joy LopezMarket equilibrium by Maryan Joy Lopez
Market equilibrium by Maryan Joy Lopez
 
Supply and Demand
Supply and DemandSupply and Demand
Supply and Demand
 
4. Government Policies.pptx
4. Government Policies.pptx4. Government Policies.pptx
4. Government Policies.pptx
 
Information Systems for Decision-MakingAssignment 1 The CEO’s.docx
Information Systems for Decision-MakingAssignment 1 The CEO’s.docxInformation Systems for Decision-MakingAssignment 1 The CEO’s.docx
Information Systems for Decision-MakingAssignment 1 The CEO’s.docx
 
Raj sourav
Raj souravRaj sourav
Raj sourav
 
Raj sourav
Raj souravRaj sourav
Raj sourav
 
2. demand and supply
2. demand and supply2. demand and supply
2. demand and supply
 
2. Macro Economics..demand & supply
2.  Macro Economics..demand & supply2.  Macro Economics..demand & supply
2. Macro Economics..demand & supply
 
Demand & supply iimm
Demand & supply iimmDemand & supply iimm
Demand & supply iimm
 
Ch 1. demand & supply
Ch 1. demand & supplyCh 1. demand & supply
Ch 1. demand & supply
 
Applications of Demand & Supply Elasticity.pptx
Applications of Demand & Supply Elasticity.pptxApplications of Demand & Supply Elasticity.pptx
Applications of Demand & Supply Elasticity.pptx
 
Microeconomics
Microeconomics Microeconomics
Microeconomics
 
Important terms
Important termsImportant terms
Important terms
 
Ch03 ss,dd and-mkt
Ch03 ss,dd and-mktCh03 ss,dd and-mkt
Ch03 ss,dd and-mkt
 
Demand and supply presentation
Demand and supply presentationDemand and supply presentation
Demand and supply presentation
 
Demand Supply and Price Theory - 2.pptx
Demand Supply and Price Theory - 2.pptxDemand Supply and Price Theory - 2.pptx
Demand Supply and Price Theory - 2.pptx
 

Demand And Supply