Demand –part i

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Demand –part i

  1. 1. Demand –Part I Created by Ms. Snyder
  2. 2. Introduction <ul><li>Consumers buy products every day in various markets. </li></ul><ul><li>Retailers and manufactures are interested in consumer behavior because they want to produce products that will be popular with consumers. (What’s a retailer? What is a manufactures?) </li></ul>
  3. 3. Retailers
  4. 4. Manufactures
  5. 5. Top Manufactures <ul><li>GE </li></ul><ul><li>FORD </li></ul>
  6. 6. Consumer Behaviors & Demand <ul><li>Economists define demand as the relationship between various prices and the quantity (how many) consumers are willing and able to buy during some time period, holding all other factors constant (unchanged). </li></ul><ul><li>So what’s the relationship? </li></ul>

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