Tag Archives | Demand Curves

6 Main Types of Demand Curves (With Diagram)

Some of the important types of demand curves are listed below: Type # 1. Negatively Sloped Straight Lines Demand Curves: It is evident that the value of e at any (p, q) point on a curvilinear demand curve and the value of e at the same (p, q) point on a straight line demand curve—which is a tangent to the [...]

By Vanshika Ghosh|2016-10-05T10:43:19+05:30September 17, 2016|Demand Curve|Comments Off

Demand Curves: ODC and CDC | Microeconomics

In this article we will discuss about the Ordinary Demand Curves (ODC) and Compensated Demand Curves (CDC), explained with the help of suitable diagrams. A consumer's ordinary demand curve for a good, also called a Marshallian demand curve, gives the quantity of the good he will buy as a function of its price. The shape of the ordinary demand curve [...]

By Vanshika Ghosh|2016-09-17T15:59:19+05:30September 17, 2016|Demand Curve|Comments Off

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