Lesson 1 of 9 • 33 upvotes • 6:12mins
In this lesson we will be talking about what happens to the demand of any commodity with respect to change in its price. In other words, change in quantity demanded is discussed.
Change in Quantity Demanded: Extension and Contraction of Demand
6:12mins
Change in Demand or Shift in Demand Curve
4:59mins
Causes of Increase and Decrease in Demand
5:05mins
Differences between Change in Quantity Demanded and Change in Demand
4:30mins
Difference between Complementary Goods and Substitute Goods
3:37mins
Differences between Normal Goods and Inferior Goods
2:47mins
Expansion in Demand vs Increase in Demand
3:39mins
Contraction in Demand vs Decrease in Demand
3:35mins
Linear Demand Curve Equation
4:04mins