decrease in demand
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Demand (economics) — Demand redirects here. For other uses, see Demand (disambiguation). In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability… … Wikipedia
decrease — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ dramatic, drastic, great, large, marked, sharp, significant, substantial ▪ There has been a sharp decrease in pollution sinc … Collocations dictionary
demand — an order to comply with an obligation. In business, paying on demand means that the obligation must be satisfied immediately when requested. Glossary of Business Terms The desire to purchase economic goods or services (and the financial ability… … Financial and business terms
Demand Elasticity — In economics, the demand elasticity refers to how sensitive the demand for a good is to changes in other economic variables. Demand elasticity is important because it helps firms model the potential change in demand due to changes in price of the … Investment dictionary
demand curve — ▪ economics in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis. With… … Universalium
demand shock — n. A sudden and large decrease in demand for goods and services. Example Citation: The Asian crisis has not, they contend, been a negative demand shock but a favourable supply shock, allowing Western companies to buy manufacturing goods more… … New words
Demand sensing — is a next generation forecasting method that leverages new mathematical techniques and near real time information to create an accurate forecast of demand, based on the current realities of the supply chain. The typical performance of demand… … Wikipedia
Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is … Wikipedia
Demand response — This article is about the electrical concept. For the transport concept, see Demand responsive transport. A clothes dryer using a demand response switch to reduce peak demand In electricity grids, demand response (DR) is similar to dynamic demand … Wikipedia
law of demand — Demand exhibits a direct relationship to price. If all other factors remain constant, an increase in demand leads to an increased price, while a decrease in demand leads to a decreased price. The CENTER ONLINE Futures Glossary … Financial and business terms
Cross elasticity of demand — Economics … Wikipedia