मराठी

Derive a demand curve from the demand function Qd = 20 − 4 P. - Economics

Advertisements
Advertisements

प्रश्न

Derive a demand curve from the demand function Qd = 20 − 4 P.

व्युत्पत्ती
Advertisements

उत्तर

Qd ​= 20 − 4P

Step 1: Calculate values for different prices

Price (P) Quantity Demanded (Qd)
0 Qd​ = 20 − 4(0) = 20
1 Qd​ = 20 − 4(1) = 16
2 Qd​ = 20 − 4(2) = 12
3 Qd​ = 20 − 4(3) = 8
4 Qd​ = 20 − 4(4) = 4
5 Qd​ = 20 − 4(5) = 0

Step 2: Plot the Demand Curve

  • X-axis: Quantity demanded (Qd)

  • Y-axis: Price (P)

The curve will be straight and downward sloping, showing the inverse relationship between price and quantity demanded.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Demand and Law of Demand - TEST YOURSELF QUESTIONS [पृष्ठ २९]

APPEARS IN

फ्रँक Economics [English] Class 12 ISC
पाठ 2 Demand and Law of Demand
TEST YOURSELF QUESTIONS | Q 2. | पृष्ठ २९
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×