"quantity" in inglés with examples - Collocation dictionary inglés
- Demand is often represented by a table or a graph showing price and quantity demanded (as in the figure).
- In the short run, say a single year, quantity demanded is largely determined by market price.
- What determines quantity demanded of each good by that individual?
- In regard to the question "by how much will quantity demanded rise?"
- Thus the law of demand merely states the direction in which quantity demanded changes for a given change in price.
- In other words, as the price declines the quantity demanded increases.
- This higher quantity demanded would cause the demand curve to shift outward to a new position D2.
- But a higher consumer price will reduce the quantity demanded.
- As the firm reduces price, the quantity demanded for the firm's product is likely to rise.
- The quantities demanded from the various provinces gave a vivid picture of their economic potential.
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