Law Of Demand by jbarrera_1209

1 of 8

Slide Notes

Law Of Demand

Published on Feb 03, 2016

No Description

PRESENTATION OUTLINE

Law Of Demand

By: Jose Barrera

Photo by tiffa130

When prices go down the amount of product sold goes up.

Photo by quinn.anya

When the price goes up total product revenue goes down.

Photo by YoTuT

Also if the product stays at a low price the demand for that product goes down as well, leading to less profit for the compony

Photo by Robert Banh

If the price goes up too much the item becomes a luxury and is bought less often.

Photo by NathanF

Untitled Slide

Photo by A Look Askance

Cost Less = More Sold
Cost More = Less Sold

Photo by Global Water Forum

Amount of product sold(same pro.)

Photo by quinn.anya

Friend of Haiku Deck

MORE DECKS BY THIS AUTHOR

Economic Systems

43 views

Congestive Heart Failure

355 views