Sentence examples for the quantity demand from inspiring English sources

kern-0pt} {P_{text{rold}} }}}} (1 where ε is price elasticity rate of demand, ε ≤ 0; Prnew and Prold are prices after changing and before changing, respectively; Qnew and Qold are the quantity demand corresponding to Prnew and Prold, respectively.

As the major condiment, the quantity demand of vinegar is very large and every ton of vinegar production could generate 60 70% VR, thus total 3 million tons of VR were produced every year (Chen et al. 2010).

(If the price goes up, the quantity demanded must fall!) But this effort has largely failed.

In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

It tells me the other way around to look at how prices correspond to quantities, it tells me the quantity demanded at any given price.

"A broad number of financial institutions remain concerned with year-end refunding, but the quantity demanded does not suggest an impending systemic crash," he wrote.

The result is shown in the right-hand column of the Table, where the quantity of commodities supplied minus the quantity demanded multiplied by the price level (p) is equal in value to the excess demand for money.

Actually, the cross elasticity - the change in the quantity demanded of one product given a certain change in the price of another product - between soda pop and these other products is low.

Assuming the" Law of Demand", i.e. the quantity demanded depends negatively on price, ceteris paribus.

For example, the law of demand asserts that a price increase will (ceteris paribus) diminish the quantity demanded.

Price elasticity of demand is a measurement of the relationship between the changes in the quantity demanded of a particular good and its price.