2| Demand Analysis, Law of Demand, law of supply, Elasticity of Demand, managerial economics aktu

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Hello Learner's
In this video we have quickly revised (Revision फटाफट) topics from Unit 2 :
Demand and Supply Analysis:
Theory of Demand,
Types of Demand.
Determinants of demand,
Demand Function,
Demand Schedule,
Demand curve,
Law of Demand,
Exceptions to the law of Demand,
Shifts in demand curve,
Elasticity of Demand and its measurement.
Price Elasticity,
Income Elasticity,
Arc Elasticity.
Cross Elasticity and Advertising Elasticity.
Uses of Elasticity of Demand for managerial decision making,
Demand forecasting meaning,
Supply Analysis;
Law of Supply,
Supply Elasticity;
Price of a Product under demand and supply forces .

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