Market Demand Analysis presentation by Bakkaprabhu Uppar
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A presentation on market demand analysis is an insightful way to understand how businesses evaluate consumer demand for their products or services. This presentation covers the basics of market demand analysis, including the methods used to collect and analyze data, such as surveys and focus groups. It also explores the factors that influence market demand, such as consumer preferences, income levels, and market trends. The presentation provides insights into how businesses can use market demand analysis to inform their pricing, production, and marketing strategies.
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Presentation1
This document defines demand and discusses the different types of demand. It begins by defining demand as a consumer's willingness and desire to pay a price for a good or service. It then lists and briefly describes seven types of demand: individual vs market demand, autonomous vs derived demand, demand for durable vs non-durable goods, short-term vs long-term demand, joint vs composite demand, direct vs indirect demand, and total market vs market segment demand. The document also defines product and discusses the narrow and wider concepts of defining a product.
What is demand gp
1. Demand analysis determines what customers will buy a product, how many units, and at what price range. It informs business decisions like sales forecasting, pricing, marketing spending, and resource allocation.
2. Demand is determined by factors like price, income, tastes, prices of substitutes and complements, expectations, population, advertising, distribution, and seasonal factors.
3. The law of demand states that, all else equal, price and quantity demanded move in opposite directions - as price increases, quantity demanded decreases, and vice versa. It assumes income, tastes, prices of other goods, and new substitutes remain constant.
Types of demand
There are 14 types of demand described in the document. They include demand for consumer goods, producers' goods, autonomous demand, derived demand, individual demand, market demand, company demand, industry demand, short run demand, long run demand, demand for durable goods, demand for perishable goods, joint demand, and composite demand. Each type is defined and an example is provided to illustrate it. The document provides an overview of the different classifications of demand.
Definition, Determinants and Nature or Types of Demand
Demand is the basis for starting a business, as the product decision and amount produced depends on prevailing market demand. Demand indirectly determines the factors of production required.
Demand is defined as the various quantities of a commodity that consumers will purchase in a given market period at different prices. For there to be demand, there must be a desire for the commodity, sufficient resources to purchase it, a willingness to spend on it, and its availability at a certain price, place, and time.
The determinants of demand include price of the product, consumer income, tastes and preferences, prices of substitutes and complements, consumer expectations, population, climate, and advertising. Demand is expressed as a function of these factors
Demand analysis
Demand analysis is important for managers to make production decisions. Demand refers to the quantity of a product consumers will purchase at a given price. There are several types of demand including durable/perishable goods demand, consumer/producer goods demand, autonomous/derived demand, and individual/market demand. Market demand is the sum of individual demands. Factors that influence demand include price, income, tastes, prices of related goods, population size, expectations, government policy, credit availability, advertising, and season/weather. Understanding these demand factors is essential for effective production planning.
Eco final ppt
This document provides an overview of demand, including:
1. It defines demand as an effective desire to purchase a good, backed by both willingness and ability to pay.
2. Demand has three main characteristics - willingness and ability to pay, demand is at a price, and demand is per unit of time.
3. There are different types of demand including individual vs. market demand, demand for a firm's product vs. an industry's products, autonomous vs. derived demand, and short-term vs. long-term demand.
4. The document also discusses the law of demand, assumptions of the law of demand, and exceptions to the law of demand. It provides examples of movements
demand_analysis.ppt
1) The document discusses the concept of demand, including defining demand and different types of demand such as individual vs market demand.
2) It also covers demand determinants like price, income, tastes, expectations as well as related concepts like substitutes and complements.
3) The document provides examples of demand schedules and demand curves and explains how the law of demand follows from the negative relationship between price and quantity demanded.
Managerial economics BY SIVARAMREDDY
This document discusses the nature of demand from a managerial economics perspective. It analyzes different types of demand based on the characteristics of goods, including: derived vs autonomous demand; demand for producers goods vs consumers goods; demand for durable vs non-durable goods; industry demand vs firm demand; and total demand vs market segment demand. Short-run demand is also compared to long-run demand. In total, the document provides an overview of key demand concepts for business analysis and decision making.
Recommended
Presentation1
This document defines demand and discusses the different types of demand. It begins by defining demand as a consumer's willingness and desire to pay a price for a good or service. It then lists and briefly describes seven types of demand: individual vs market demand, autonomous vs derived demand, demand for durable vs non-durable goods, short-term vs long-term demand, joint vs composite demand, direct vs indirect demand, and total market vs market segment demand. The document also defines product and discusses the narrow and wider concepts of defining a product.
What is demand gp
1. Demand analysis determines what customers will buy a product, how many units, and at what price range. It informs business decisions like sales forecasting, pricing, marketing spending, and resource allocation.
2. Demand is determined by factors like price, income, tastes, prices of substitutes and complements, expectations, population, advertising, distribution, and seasonal factors.
3. The law of demand states that, all else equal, price and quantity demanded move in opposite directions - as price increases, quantity demanded decreases, and vice versa. It assumes income, tastes, prices of other goods, and new substitutes remain constant.
Types of demand
There are 14 types of demand described in the document. They include demand for consumer goods, producers' goods, autonomous demand, derived demand, individual demand, market demand, company demand, industry demand, short run demand, long run demand, demand for durable goods, demand for perishable goods, joint demand, and composite demand. Each type is defined and an example is provided to illustrate it. The document provides an overview of the different classifications of demand.
Definition, Determinants and Nature or Types of Demand
Demand is the basis for starting a business, as the product decision and amount produced depends on prevailing market demand. Demand indirectly determines the factors of production required.
Demand is defined as the various quantities of a commodity that consumers will purchase in a given market period at different prices. For there to be demand, there must be a desire for the commodity, sufficient resources to purchase it, a willingness to spend on it, and its availability at a certain price, place, and time.
The determinants of demand include price of the product, consumer income, tastes and preferences, prices of substitutes and complements, consumer expectations, population, climate, and advertising. Demand is expressed as a function of these factors
Demand analysis
Demand analysis is important for managers to make production decisions. Demand refers to the quantity of a product consumers will purchase at a given price. There are several types of demand including durable/perishable goods demand, consumer/producer goods demand, autonomous/derived demand, and individual/market demand. Market demand is the sum of individual demands. Factors that influence demand include price, income, tastes, prices of related goods, population size, expectations, government policy, credit availability, advertising, and season/weather. Understanding these demand factors is essential for effective production planning.
Eco final ppt
This document provides an overview of demand, including:
1. It defines demand as an effective desire to purchase a good, backed by both willingness and ability to pay.
2. Demand has three main characteristics - willingness and ability to pay, demand is at a price, and demand is per unit of time.
3. There are different types of demand including individual vs. market demand, demand for a firm's product vs. an industry's products, autonomous vs. derived demand, and short-term vs. long-term demand.
4. The document also discusses the law of demand, assumptions of the law of demand, and exceptions to the law of demand. It provides examples of movements
demand_analysis.ppt
1) The document discusses the concept of demand, including defining demand and different types of demand such as individual vs market demand.
2) It also covers demand determinants like price, income, tastes, expectations as well as related concepts like substitutes and complements.
3) The document provides examples of demand schedules and demand curves and explains how the law of demand follows from the negative relationship between price and quantity demanded.
Managerial economics BY SIVARAMREDDY
This document discusses the nature of demand from a managerial economics perspective. It analyzes different types of demand based on the characteristics of goods, including: derived vs autonomous demand; demand for producers goods vs consumers goods; demand for durable vs non-durable goods; industry demand vs firm demand; and total demand vs market segment demand. Short-run demand is also compared to long-run demand. In total, the document provides an overview of key demand concepts for business analysis and decision making.
Types Of Demand.pptx
-by Mohd Sameer ,
Student Of United College Of Education (GGSIPU)
instagram : shan_since2003
mohd sameer
coder savio
codersavio
Mohd Sameer
Demand Analysis
The document discusses demand analysis and the key concepts related to demand including:
- Demand is the quantity of a good consumers are willing and able to purchase at a given price in a given time period.
- Demand depends on factors like price, income, tastes, number of consumers, and expectations about future prices and income.
- The demand curve shows the inverse relationship between price and quantity demanded - as price increases, quantity demanded decreases.
- Supply is the quantity of a good producers are willing and able to sell at a given price based on factors like production costs, technology, and number of firms. The law of supply states that quantity supplied increases as price increases.
Unit 3
This document provides an overview of demand analysis. It defines key demand concepts like individual demand, market demand, direct vs derived demand, recurring vs replacement demand, complementary vs competing demand, demand function, demand schedule, demand curve, and law of demand. It outlines the assumptions and possible exceptions to the law of demand. Finally, it discusses how demand analysis serves important managerial purposes like sales forecasting, demand manipulation, product planning, and determining pricing policy.
Types of demand
In economics, demand is an economic principle that describes a consumer's desire, willingness and ability to pay a price for a specific good or service. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship.The term demand signifies the ability or the willingness to buy a particular commodity at a given point of time.
All about demand
The document discusses the key factors that affect demand, including:
1. Price of the commodity - as price rises, demand falls and vice versa, due to income and substitution effects.
2. Price of related commodities like complements (rise in one raises demand for the other) and substitutes (fall in one raises demand for alternatives).
3. Income level - demand for normal goods rises with income while inferior goods see falling demand.
It also outlines different types of demand like direct vs indirect, derived vs autonomous, and total market vs segment demand. Factors like population, tastes, and distribution of income additionally influence demand.
Demand analysis(determinants,change and law).pptx
This document provides an overview of demand analysis. It defines demand and explains that demand is relative to both time and price factors. It then discusses different types of demand such as individual vs market demand, autonomous vs derived demand, and short-term vs long-term demand. The document also examines the determinants that influence demand, such as price, income, tastes and preferences. It introduces the concept of demand schedules and curves. Finally, it covers the law of demand and some exceptions to this law.
Typesofdemand
This document discusses different types of demand:
- Direct demand refers to final consumption goods while derived demand refers to goods used for further production.
- Demand can also be classified as individual demand, market demand, demand by market segments, demand by domestic vs industrial users, and demand by companies vs entire industries.
- Goods are also classified as single-use/perishable vs durable, and demand for durable goods includes replacement and expansion demand.
Chapter Two ppt.pdf managerial economics
The document discusses the concept of demand in economics. It defines demand and explains the key factors that determine demand, including price, income, tastes, and expectations about future prices. It also describes the law of demand, which states that quantity demanded is inversely related to price, assuming all other factors remain constant. The document outlines different types of demand curves and schedules, and exceptions to the basic law of demand under certain market conditions.
Demand analysis & supply analysis
This document discusses demand analysis and supply analysis. It defines demand as a relationship between price and quantity demanded, outlines the three things essential for desire to become effective demand, and describes the three alternative ways to express demand: demand function, demand schedule, and demand curve. It then discusses factors that affect demand, types of demand, and exceptions to the law of demand. The document also defines supply, outlines the law of supply, and explains how supply curves depict the relationship between price and quantity supplied. It concludes by interpreting how changes in demand and supply can shift the equilibrium price and quantity in a market.
Me 3
The document discusses demand analysis and forecasting. It defines demand and outlines the key determinants and types of demand, including price demand, income demand, and cross demand. It also explains the law of demand and its assumptions. Methods of measuring price elasticity of demand are described, including the total expenditure method, point method, and arc method. The significance and levels of demand forecasting are discussed. The main methods of demand forecasting are the survey method, including expert opinion surveys and consumer interviews, and statistical methods.
Demand analysis
This document discusses demand analysis and different types of demand. It begins by outlining the key learning outcomes of understanding demand analysis, specifying demand functions, and comprehending demand concepts. It then discusses the significance of demand analysis for business planning and decision making. The document defines demand as a desire for a product backed by willingness and ability to pay. It also distinguishes between direct and derived demand, domestic and industrial demand, autonomous and induced demand, perishable and durable goods demand, and new and replacement demand.
Demand analysis
The document discusses the concept of demand, including the three conditions for demand, types of demand (price, income, cross), and nature of demand. It provides examples of different types of demand including consumer vs producer goods, autonomous vs derived demand, durable vs perishable goods, firm vs industry demand, and short run vs long run demand. The document also discusses demand functions, the law of demand and its assumptions, exceptions to the law of demand, and the significance of the law of demand.
Session_2.ppt
This document provides an overview of demand analysis concepts including:
- Defining supply, demand, and equilibrium price.
- Describing the determinants of demand such as price, income, tastes.
- Explaining the concepts of individual demand, market demand, demand curves, and how demand is influenced by price changes versus other factors.
- Introducing the key elasticity concepts including price elasticity, income elasticity, and cross elasticity and how they measure responsiveness of demand.
The document lays out the essential framework for understanding how the interaction of supply and demand determines market prices in the short and long run.
Types of demand (Economics)
The document discusses different types of demand, including individual demand versus market demand, total market demand versus market segment demand, derived demand versus direct demand, industry demand versus company demand, short-run demand versus long-run demand, price demand versus income demand, and cross demand. It provides definitions and examples for each type of demand.
Theory of demand
The document discusses various concepts related to demand in economics including:
- Demand refers to the quantity of a good consumers are willing and able to purchase at various prices over time. It is affected by factors like price, income, tastes, prices of related goods, and expectations.
- Individual demand is the quantity an individual will buy at a price while market demand is the total quantity all consumers will buy. There is also demand for a firm's product and an industry's products.
- Demand can be autonomous, derived, short term vs long term, direct vs indirect, and total market vs market segment. The relationship between price and demand is shown through demand schedules and curves and is explained by the law of demand
Theoryofdemand
This document discusses the theory of demand in economics. It defines demand as the quantity of a product that will be bought per unit of time at a given price. Demand can be individual demand, which is a single consumer's demand, or market demand, which is the total demand from all buyers in the market. The key factors that determine demand are price of the product, income, tastes, prices of related goods, population, and expectations. The law of demand states that demand varies inversely with price - as price increases, quantity demanded decreases. There are assumptions and exceptions to this law, such as Giffen goods or goods with speculative demand. The document also discusses demand curves, autonomous vs. derived demand, short run
Lec 09 Demand and its meaning
Demand
In economics “Demand” means the quantity of goods and services which a person can purchase with a requisite amount of money.
“Demand means the various quantities of goods that would be purchased per time period at different prices in a given market.
Business markets and organizational buyer
1. The document discusses business buyer behavior and organizational buyer behavior. It defines business buyer behavior as the buying behavior of organizations that purchase goods and services for use in producing other products.
2. Characteristics of business markets are described, including that sales in business markets far exceed consumer markets. Business markets differ from consumer markets in their structure, demands, buying units, and decision processes.
3. Organizational buyer behavior involves a process that includes problem recognition, need description, product specification, supplier search and selection, ordering, and performance review.
Demand forecasting ppt
This document discusses various methods for classifying and forecasting demand. It categorizes demand based on whether goods are for consumers or producers, whether they are perishable or durable, and whether demand is derived, autonomous, for a firm or industry, or for total markets versus market segments. It then discusses demand forecasting and different quantitative and qualitative techniques for forecasting, including expert opinion methods, complete/sample consumer enumeration surveys, sales force opinion surveys, and consumer end use surveys. Each technique is described along with its advantages and disadvantages.
Introduction and type of DEMAND and GOODS.
This document provides an introduction to demand, defining it as the quantity of a commodity a consumer is willing and able to purchase at a given price over a period of time. It then describes the different types of demand, including autonomous vs derived demand, industry vs company demand, and joint vs rival demand. The document also distinguishes between consumer goods and producer goods, durable vs non-durable goods, perishable vs non-perishable goods, inferior vs superior goods, luxury goods, prestige goods, and complementary goods.
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Types Of Demand.pptx
-by Mohd Sameer ,
Student Of United College Of Education (GGSIPU)
instagram : shan_since2003
mohd sameer
coder savio
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Demand Analysis
The document discusses demand analysis and the key concepts related to demand including:
- Demand is the quantity of a good consumers are willing and able to purchase at a given price in a given time period.
- Demand depends on factors like price, income, tastes, number of consumers, and expectations about future prices and income.
- The demand curve shows the inverse relationship between price and quantity demanded - as price increases, quantity demanded decreases.
- Supply is the quantity of a good producers are willing and able to sell at a given price based on factors like production costs, technology, and number of firms. The law of supply states that quantity supplied increases as price increases.
Unit 3
This document provides an overview of demand analysis. It defines key demand concepts like individual demand, market demand, direct vs derived demand, recurring vs replacement demand, complementary vs competing demand, demand function, demand schedule, demand curve, and law of demand. It outlines the assumptions and possible exceptions to the law of demand. Finally, it discusses how demand analysis serves important managerial purposes like sales forecasting, demand manipulation, product planning, and determining pricing policy.
Types of demand
In economics, demand is an economic principle that describes a consumer's desire, willingness and ability to pay a price for a specific good or service. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship.The term demand signifies the ability or the willingness to buy a particular commodity at a given point of time.
All about demand
The document discusses the key factors that affect demand, including:
1. Price of the commodity - as price rises, demand falls and vice versa, due to income and substitution effects.
2. Price of related commodities like complements (rise in one raises demand for the other) and substitutes (fall in one raises demand for alternatives).
3. Income level - demand for normal goods rises with income while inferior goods see falling demand.
It also outlines different types of demand like direct vs indirect, derived vs autonomous, and total market vs segment demand. Factors like population, tastes, and distribution of income additionally influence demand.
Demand analysis(determinants,change and law).pptx
This document provides an overview of demand analysis. It defines demand and explains that demand is relative to both time and price factors. It then discusses different types of demand such as individual vs market demand, autonomous vs derived demand, and short-term vs long-term demand. The document also examines the determinants that influence demand, such as price, income, tastes and preferences. It introduces the concept of demand schedules and curves. Finally, it covers the law of demand and some exceptions to this law.
Typesofdemand
This document discusses different types of demand:
- Direct demand refers to final consumption goods while derived demand refers to goods used for further production.
- Demand can also be classified as individual demand, market demand, demand by market segments, demand by domestic vs industrial users, and demand by companies vs entire industries.
- Goods are also classified as single-use/perishable vs durable, and demand for durable goods includes replacement and expansion demand.
Chapter Two ppt.pdf managerial economics
The document discusses the concept of demand in economics. It defines demand and explains the key factors that determine demand, including price, income, tastes, and expectations about future prices. It also describes the law of demand, which states that quantity demanded is inversely related to price, assuming all other factors remain constant. The document outlines different types of demand curves and schedules, and exceptions to the basic law of demand under certain market conditions.
Demand analysis & supply analysis
This document discusses demand analysis and supply analysis. It defines demand as a relationship between price and quantity demanded, outlines the three things essential for desire to become effective demand, and describes the three alternative ways to express demand: demand function, demand schedule, and demand curve. It then discusses factors that affect demand, types of demand, and exceptions to the law of demand. The document also defines supply, outlines the law of supply, and explains how supply curves depict the relationship between price and quantity supplied. It concludes by interpreting how changes in demand and supply can shift the equilibrium price and quantity in a market.
Me 3
The document discusses demand analysis and forecasting. It defines demand and outlines the key determinants and types of demand, including price demand, income demand, and cross demand. It also explains the law of demand and its assumptions. Methods of measuring price elasticity of demand are described, including the total expenditure method, point method, and arc method. The significance and levels of demand forecasting are discussed. The main methods of demand forecasting are the survey method, including expert opinion surveys and consumer interviews, and statistical methods.
Demand analysis
This document discusses demand analysis and different types of demand. It begins by outlining the key learning outcomes of understanding demand analysis, specifying demand functions, and comprehending demand concepts. It then discusses the significance of demand analysis for business planning and decision making. The document defines demand as a desire for a product backed by willingness and ability to pay. It also distinguishes between direct and derived demand, domestic and industrial demand, autonomous and induced demand, perishable and durable goods demand, and new and replacement demand.
Demand analysis
The document discusses the concept of demand, including the three conditions for demand, types of demand (price, income, cross), and nature of demand. It provides examples of different types of demand including consumer vs producer goods, autonomous vs derived demand, durable vs perishable goods, firm vs industry demand, and short run vs long run demand. The document also discusses demand functions, the law of demand and its assumptions, exceptions to the law of demand, and the significance of the law of demand.
Session_2.ppt
This document provides an overview of demand analysis concepts including:
- Defining supply, demand, and equilibrium price.
- Describing the determinants of demand such as price, income, tastes.
- Explaining the concepts of individual demand, market demand, demand curves, and how demand is influenced by price changes versus other factors.
- Introducing the key elasticity concepts including price elasticity, income elasticity, and cross elasticity and how they measure responsiveness of demand.
The document lays out the essential framework for understanding how the interaction of supply and demand determines market prices in the short and long run.
Types of demand (Economics)
The document discusses different types of demand, including individual demand versus market demand, total market demand versus market segment demand, derived demand versus direct demand, industry demand versus company demand, short-run demand versus long-run demand, price demand versus income demand, and cross demand. It provides definitions and examples for each type of demand.
Theory of demand
The document discusses various concepts related to demand in economics including:
- Demand refers to the quantity of a good consumers are willing and able to purchase at various prices over time. It is affected by factors like price, income, tastes, prices of related goods, and expectations.
- Individual demand is the quantity an individual will buy at a price while market demand is the total quantity all consumers will buy. There is also demand for a firm's product and an industry's products.
- Demand can be autonomous, derived, short term vs long term, direct vs indirect, and total market vs market segment. The relationship between price and demand is shown through demand schedules and curves and is explained by the law of demand
Theoryofdemand
This document discusses the theory of demand in economics. It defines demand as the quantity of a product that will be bought per unit of time at a given price. Demand can be individual demand, which is a single consumer's demand, or market demand, which is the total demand from all buyers in the market. The key factors that determine demand are price of the product, income, tastes, prices of related goods, population, and expectations. The law of demand states that demand varies inversely with price - as price increases, quantity demanded decreases. There are assumptions and exceptions to this law, such as Giffen goods or goods with speculative demand. The document also discusses demand curves, autonomous vs. derived demand, short run
Lec 09 Demand and its meaning
Demand
In economics “Demand” means the quantity of goods and services which a person can purchase with a requisite amount of money.
“Demand means the various quantities of goods that would be purchased per time period at different prices in a given market.
Business markets and organizational buyer
1. The document discusses business buyer behavior and organizational buyer behavior. It defines business buyer behavior as the buying behavior of organizations that purchase goods and services for use in producing other products.
2. Characteristics of business markets are described, including that sales in business markets far exceed consumer markets. Business markets differ from consumer markets in their structure, demands, buying units, and decision processes.
3. Organizational buyer behavior involves a process that includes problem recognition, need description, product specification, supplier search and selection, ordering, and performance review.
Demand forecasting ppt
This document discusses various methods for classifying and forecasting demand. It categorizes demand based on whether goods are for consumers or producers, whether they are perishable or durable, and whether demand is derived, autonomous, for a firm or industry, or for total markets versus market segments. It then discusses demand forecasting and different quantitative and qualitative techniques for forecasting, including expert opinion methods, complete/sample consumer enumeration surveys, sales force opinion surveys, and consumer end use surveys. Each technique is described along with its advantages and disadvantages.
Introduction and type of DEMAND and GOODS.
This document provides an introduction to demand, defining it as the quantity of a commodity a consumer is willing and able to purchase at a given price over a period of time. It then describes the different types of demand, including autonomous vs derived demand, industry vs company demand, and joint vs rival demand. The document also distinguishes between consumer goods and producer goods, durable vs non-durable goods, perishable vs non-perishable goods, inferior vs superior goods, luxury goods, prestige goods, and complementary goods.
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Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...
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2. Elemental Economics - Mineral demand.pdf
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
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Market Demand Analysis presentation by Bakkaprabhu Uppar
- 1. Market Demand Analysis PRESENTATION BY : BAKKAPRABHU UPPAR MANAGERIAL ECONOMICS, MCOM 1ST SEM
- 2. What is Demand Demand refers the effective demand, the amount of buyers are willing to purchase at a given price and over a given period of time. For Ex: A fall in price of cars will lead to an increase in the demand for petrol.
- 3. Types of Demand:- 1. Demand for Consumer's Goods & Producers Goods 2. Demand for Perishable Goods & Durable Goods 3. Autonomous Demand & Derived Demand. 4. Industry Demand & Firm/Company Demand 5. Short run Demand & Long run Demand 6. Joint Demand & Composite Demand 7. Price Demand, Income Demand & Cross Demand
- 4. 1. Demand for Consumer's Goods & Producer's Goods Goods & Services demand by consumers for the direct satisfaction of their wants, consumption purpose - Consumer Goods Ex: clothes, house, services of lawyer, doctor, teacher etc.. Goods which are demanded by producers in the process of production – Producer's Goods (Capital Goods) Ex: Tools & Equipements, Raw Materials, Factory Building etc..
- 5. 2. Demand for Perishable Goods & Durable Goods Perishable Goods have no durability, that is, they can't be stored for longer time Ex: Eggs, Milk, Fish, Vegetables etc.. Durable Goods last long, where as perishable goods perish soon. Durable goods are storable for longer period of time. Ex: House, Furniture, Car, Clothes etc..
- 6. 3. Autonomous Demand & Derived Demand. Spontaneous demand for goods, which is based on an urge to satisfy some wants directly – Autonomous Demand Demand for consumer goods is autonomous. It is final, it is direct demand When the demand for a product on the demand for some other commodities is called derived demand.
- 7. 4. Industry Demand & Firm/Company Demand A firm is a business unit : Industry is the group of closely competitive firms. Industry demand refers to the total demand for the commodity produced by a particular industry.
- 8. 5. Short run Demand & Long run Demand Short run demand refers to existing demand with its immediate reaction to price changes, income fluctuation, etc.. Long run demand is that which ultimately exist as a result of changes in pricing, promotion or product, improvement, after enough time is allowed to let the market adjust itself to the new situation.
- 9. 6. Joint Demand & Composite Demand When two goods are demanded in conjunction with one another at the same time to satisfy a single want, they are said to be joint or complimentary demand. Ex: Pen, Ink, cars, petrol, bread, sugar and milk etc.. A commodity is said to be in composite demand, when it is wanted for several different uses. Ex: Milk (for cheese, yoghurts, cream)
- 10. 7. Price Demand, Income Demand & Cross Demand Price Demand : Various Quantities of a product purchased by the consumer at different prices. (this function is based on single price) Income Demand : Various Quantities of a commodity demanded by the consumer at alternative levels of his changing money income. Cross Demand : Various Quantities of a commodity (say x) purchased by the consumer in relation to change in the price of a related commodity (say y, which may be either a substitute or a complementry product)
- 11. End of My Seminar Thank You