B.Com Economics – Demand & Supply Handwritten Notes PDF

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1.Why demand curve slopes downward from left to right?

2.What are the exceptions to the Law of Demand?

3.What is Law of demand? Mention 2 exceptions and factors affecting demand.

4.How you derive individual demand curve and market demand curve?

5.What is Law of Supply? Why does a supply curve slope upward from right to left?

6.Why supply curve shift? Explain the difference between change in supply and change in volume of supply.

7.Explain how equilibrium price is determined. Show how equilibrium price will change if demand and supply increase.

Why demand curve shift? Explain the difference between change in demand and change in quantity demanded

B.Com Economics – Demand & Supply Handwritten Notes PDF