Android
Zerodha Broker (Free Delivery)

India's No. 1 Broker with Best Software Trade @ Flat Rs 20

Open Instant Account
market update arrow Facebook India public policy head Das quits months after hate speech row arrow Indian citizens can now buy land in Jammu & Kashmir as govt amends laws arrow IPL 2020, SRH vs DC LIVE score: SRH going strong after Saha hits FIFTY arrow Coal scam: HC suspends jail term of Dilip Ray, seeks CBI reply on appeal arrow Delhi nearing third peak, situation worrisome in WB, Kerala: NITI Aayog arrow States will need years to recover from 'scissor effect' of Covid: RBI arrow Near zero GDP today, among fastest growing next year: FM on Indian economy arrow Coronavirus LIVE: Covid-19 cases rise during festivals in Delhi, 4 states arrow LIVE: CRPF to provide security to Hathras victim's kin, witnesses, says SC arrow Tata Motors consolidated net loss widens in Q2 on weak operational show arrow Pompeo says 'US will stand with India', signs landmark defence pact arrow Midcap index outperforms; Shriram Transport, MRF, Muthoot Finance gain 6% arrow Foreign ownership limits: MSCI India to see passive inflow of $2.5 billion arrow Coforge shares trade firm after promoter sells 6.3% stake arrow World Coronavirus Dispatch: Record surge reaches oldest populations in US arrow Cement shares in demand; ACC hits fresh 52-week high, Shree Cement up 6% arrow L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed arrow L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed arrow Nestle India gains 7% in two days post September quarter results arrow Ipca Labs rallies 9%, hits all-time high on hopes of healthy Q2 results arrow IndiGo, SpiceJet: Lower costs, higher capacity utilisation to boost Q2 nos arrow PSB Q2 preview: NPA recognition ruling to prevent higher slippages arrow PSB Q2 preview: NPA recognition ruling to prevent higher slippages arrow Coronavirus LIVE: Maharashtra Dy CM Ajit Pawar tests positive, hospitalised arrow In fight with Amazon, Future Retail sees liquidation if Reliance deal fails

Trading and Investment Terms

Quantity Demanded

Quantity demanded is the total amount of a goods or services that required by consumers over a given specific of time. Quantity demanded relies upon the price of a good, whether the market is in equilibrium or not.

 

The relation between quantity demanded and price can be shown on a graph called the demand curve. A demand curve is a graphical representation of a demand schedule which shows the relation between price and quantity demanded in a tabular format.

 

Now that we have cleared that quantity demanded is affected by the price of a good, let us understand the relation between them. There is an negative relation between quantity demanded and price. This means when the price rises, the quantity demanded falls and when price falls quantity demanded rises. This is how the law of demand works.

 

A change in quantity demanded occurs when there is and increase or decrease in the specific quantity of a product due to a change in its price.

 

Elasticity of demand is the term used to describe the degree to which quantity demanded changes due to a change in the price.

 

If the elasticity for quantity demanded is highly elastic then quantity demanded can vary widely due to a change in the product price. If the elasticity for quantity demanded is highly inelastic then the quantity demanded remains static even after a price change.

Latest News हिंदी समाचार
ad