西方经济学(3.2.2)--市场需求（二）.pptVIP

2.4EffectsofPriceonQuantityDemanded:LawofDemandLawofdemand:Otherthingsbeingequal(ceterisparibus),quantitydemandedofonegoodchangesnegativelywiththepriceofthegood.*ReasonoflawofdemandSubstitutioneffectIncomeeffectOtherwaysexpressinglawofdemand,inadditiontoverbalexpression:DemandSchedule:DemandCurve:

2Catherine’sDemandSchedule

3Catherine’sDemandScheduleandDemandCurveCopyright?2004South-WesternPriceofIce-CreamCone02.502.001.501.000.501234567891011QuantityofIce-CreamCones$3.00121.Adecreaseinprice...2....increasesquantityofcone