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Published

Finding a detailed structure of Demand & Supply.

Finding a detailed structure of Demand & Supply.

Published in Technology , Business
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Transcript

  • 1. Presents the Strategies for Matching Demand and Supply
  • 2. Define GIREM It is the apex body for developing future cities and socio-economic infrastructure and focused on urbanization. It has been working closely with Government agencies, policy makers and industry experts to strategize the balance between demand and supply.
  • 3. What is Demand? Quantity demanded is the amount of a good that buyers are willing and able to purchase. Demand is a full description of how the quantity demanded changes as the price of the good changes.
  • 4. Laws of Demand The law of demand states that the quantity demanded of a good falls when the price of the good rises, and vice versa, provided all other factors that affect buyers’ decisions are unchanged. There are two ways to explain the Law of Demand Substitution effect Income effect
  • 5. What is SUPPLY? Quantity supplied is the amount of a good that sellers are willing and able to sell Supply is a full description of how the quantity supplied of a commodity responds to changes in its price
  • 6. Law of Supply The law of supply states that, the quantity supplied of a good rises when the price of the good rises, as long as all other factors that affect suppliers’ decisions are unchanged.
  • 7. Interaction of demand and supply We have seen what demand and supply are We have seen why demand and supply may shift Now it is time to say something about how buyers and sellers collectively determine the market outcome To do this, we assume equilibrium
  • 8. Equilibrium We assume that the price will automatically reach a level at which the quantity demanded equals the quantity supplied. Law of supply and demand The price of any good adjusts to bring the quantity supplied and the quantity demanded for that good into balance.
  • 9. Key points that will be discussed in this regard, will include - Reducing cost to build – land, material, financing, and marketing. Defining key sectors and regions to focus while rebuilding. Motoring of the FDI retail.
  • 10. Quick Revision Event Effect on Price Effect on Quantity Demand increases Up Up Supply decreases Up Down Both Up Ambiguous