Product Demand for Price Measure

A Product Demand for Price Measure is a ratio measure between a product price and a product demand/quantity sold.

• Context:
  • It can be instantiated as a Demand Curve.
  • …
• Counter-Example(s):
  • a Product Supply for Price Measure.
• See: Elasticity of Demand, Product (Business), Price, Demand.

---

---

References

2015

• (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/supply_(economics) Retrieved:2015-4-27.
  • In economics, supply refers to the amount of a product that producers and firms are willing to sell at a given price when all other factors being held constant. Usually, supply is plotted as a supply curve showing the relationship of price to the amount of product businesses are willing to sell.

---