Market Demand & Supply
August 31, 2020Demand Estimation & Forecasting
August 31, 2020
This presentation covers the following concepts:
- Concept of Elasticity
- Concept of Elasticity of Demand
- Classification of Elasticity of Demand
- Price Elasticity of Demand: Types & Measurement
- Income Elasticity of Demand: Types & Measurement
- Cross Elasticity of Demand: Types & Measurement
- Promotional Elasticity of Demand: Measurement
- Concepts of Revenue: TR, MR, AR
- Relationship between TR & Elasticity of demand
- Relationship between AR, MR & Elasticity of demand