| However, the demand curve for these technologies, at least for the next several years, is headed upwards and at times has been nearly vertical. |
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| However, the position of the demand curve for labour can vary according to either the level of capital employed or the price of the output good. |
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| I analyze this possibility by postulating that there is another demand curve that I call the latent demand curve. |
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| As a result, investment plus consumer durables actually increased as a percent of GDP despite a clear-cut inward shift in the demand curve. |
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| A change in the demand curve, however, can make for substantial price difference. |
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| By joining the points of intersection between price and amount of X consumed at that price, we trace out a demand curve. |
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| The demand curve just goes up and up and outstrips California's ability to provide supply. |
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| The various willingness to pay positions are taken from an underlying demand curve that is not revealed to the students until after the experiment is completed. |
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| There is ample scientific evidence showing that the supply and demand curve for consumption is very elastic in price. |
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| Ask two or three kids how much beer they drink per week at today's prices, and how much they would drink at different prices, and then add them up for a market demand curve. |
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| Economists use a demand curve to display water's worth to consumers. |
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| The fact that the demand curve is downward sloping indicates that consumers are sensitive to prices offered by any one competing or monopoly operator. |
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| An examination of the law of demand for successive years enables us to see the way in which the demand curve has shifted as a result of secular changes. |
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| However, giving the product away for free has only limited success, because the demand curve for most economic history doesn't seem to be very elastic. |
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| We will know precisely where the supply curve meets the demand curve, which will make the marketplace vastly more efficient. |
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| As prices rise, the quantity supplied increases along a given supply curve and the quantity demanded declines along a given demand curve. |
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| Like all equilibrium pricing, there is a supply curve and a demand curve for housing. |
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| The demand curve for all these services is also a moving target. |
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| They have an advantage over the average tech stock in that the demand curve is vertical. |
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| The demographic curve is one thing, but the food needs and demand curve are much higher than the demographic curve. |
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| A demand curve for the stock can then be generated by ordering the market participants in terms of the maximum they would be prepared to pay for that stock. |
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| The shift to the right in the demand curve for credit is reflected by a shift in supply in the same direction. |
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| The short-run equilibrium price, the price that clears the market, is the price at which the demand curve and the short-run supply curve intersect. |
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| This time, an industry-wide demand management solution was implemented to flatten Leamington's demand curve. |
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| The need for new water infrastructure projects could be deferred in many municipalities by flattening the demand curve, as done in Leamington. |
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| Accordingly, the difference between the original demand curve and the new demand curve represents the change in consumer surplus. |
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| Take any point on the vertical axis: the corresponding volume of car use on the horizontal axis is given by the demand curve. |
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| Alternatively, it may be possible to establish a notional demand curve based on a user survey of willingness to pay. |
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| Readers will note our heavy implicit concentration on the future positioning and shape of the aggregate demand curve. |
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| Second the slope of the marginal revenue curve is twice that of the inverse demand curve. |
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| An efficient bargain may lie off the labour demand curve, but Hum et al. |
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| On the contrary, if the demand curve has shifted due to changes in personal income, while the supply curve has remained the same, the intersection points will trace out the supply curve. |
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| All he has to work with is the demand curve. |
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| They did so by constructing a demand curve. |
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| In this zone of vulnerability, the demand curve is upward sloping. |
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| Limiting energy use or looking for alternative energy sources are ex-post reactions as people adjust to a new, long-term balance, but such steps only bring a slight improvement in the elasticity of the energy demand curve. |
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| The situation showed a rising demand curve and yields levelling off. |
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| For each zone, household consumer surplus is calculated by integrating the demand curve between travel cost from that zone and the travel cost at which the visitor rate would fall to zero. |
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| Flattening the demand curve can solve this, but the residential demand curve is resistant to flattening as it involves the consumption habits of a large number of small consumers. |
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| An economic dynamic relating very low interest rates to the structure of the demand curve in the housing market made this outcome foreseeable, indeed inevitable. |
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| Thus, in the graph of the demand curve, individuals' demand curves are added horizontally to obtain the market demand curve. |
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| The implications of this fact are best made manifest with a linear demand curve. |
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| First the marginal revenue curve has the same y intercept as the inverse demand curve. |
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| Now, the marginal values curve represents the demand curve. |
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| Third the x intercept of the marginal revenue curve is half that of the inverse demand curve. |
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| What is not quite so evident is that the marginal revenue curve is below the inverse demand curve at all points. |
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| A competitive company has a perfectly elastic demand curve meaning that total revenue is proportional to output. |
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| The two primary factors determining monopoly market power are the company's demand curve and its cost structure. |
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| A monopoly has a negatively sloped demand curve, not a perfectly inelastic curve. |
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| Each group of consumers effectively becomes a separate market with its own demand curve and marginal revenue curve. |
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| The relevant range of product demand is where the average cost curve is below the demand curve. |
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| By average cost pricing, the price and quantity are determined by the intersection of the average cost curve and the demand curve. |
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| Like with supply curves, economists distinguish between the demand curve of an individual and the market demand curve. |
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| The market demand curve is obtained by summing the quantities demanded by all consumers at each potential price. |
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| For a given quantity of a consumer good, the point on the demand curve indicates the value, or marginal utility, to consumers for that unit. |
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| The reasoning is that the demand curve for a vacation traveler is relatively elastic while the demand curve for a business traveler is relatively inelastic. |
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| Consumer surplus is the area between the price line and the demand curve. |
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