demand function

demand function

a form of notation that links the DEPENDENT VARIABLE, quantity demanded (Qd), with various INDEPENDENT VARIABLES that determine quantity demanded such as product price (P), income (Y), prices of substitute products (Ps), advertising (A), etc.:

Changes in any of these independent variables will affect quantity demanded, and if we wish to investigate the particular effect of any one of these variables upon quantity demanded, then we could (conceptually) hold the influence of the other independent variables constant (CETERIS PARIBUS), whilst we focus upon the particular effects of that independent variable. See DEMAND CURVE, DEMAND CURVE ( SHIFT IN).

References in periodicals archive ?
Surprisingly, and to our best knowledge, no estimate of the residential water demand function in Serbia has been published.
This paper empirically analyses India's money demand function during the period 1996 to 2013 using quarterly data.
The quartet of demand-related functions consists of the Marshallian Demand Function (MDF), Hotelling-style Inverse Demand Function (HIDF), Hicksian Demand Function (HDF), and Antonelli-style Inverse Demand Function (AIDF).
Given these restrictive assumptions, the aggregate-demand function used in lotterydemand studies is not likely to represent the demand functions for individual consumers.
However, the main issue concerning the specification of a dynamic pricing model is to determine the relevant demand function [d.
Let us start by analyzing a monopolist with a linear demand function of
The independent variables for the money demand function include a real income, exchange rate and measure of the interest rate.
However, researchers have not undertaken theoretically estimates of the demand function of the Korean ICT construction business.
DISSERTATION back in 1979, my research topic was the money demand function and the effect financial innovations had as a result.
This study attempts to estimate the electricity demand function for Pakistan using smooth transition autoregressive model over the period 1971-2012.
This paper uses the Pedroni panel cointegration approach along with a fixed-effect estimation method to estimate the open money demand function for 12 selected countries over the period of 1974-2010.
The following equations express the deriving of a demand function for the good 1 from two relations: