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  • A Simple Example For The Teaching of Demand Theory: Aggregate Demand Estimation For Onions in India

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    Aniket Akh
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    This document discusses the challenges in identifying true supply and demand curves based on observed market price and quantity data over time. It notes that both supply and demand curves can shift over time, making it difficult to distinguish the individual curves from observed price-volume points alone without making assumptions. The dotted line shown represents neither the true supply nor demand curve.

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    This document discusses the challenges in identifying true supply and demand curves based on observed market price and quantity data over time. It notes that both supply and demand curves can shift over time, making it difficult to distinguish the individual curves from observed price-volume points alone without making assumptions. The dotted line shown represents neither the true supply nor demand curve.

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    2 просмотров1 страница

    A Simple Example For The Teaching of Demand Theory: Aggregate Demand Estimation For Onions in India

    Загружено:

    Aniket Akh
    This document discusses the challenges in identifying true supply and demand curves based on observed market price and quantity data over time. It notes that both supply and demand curves can shift over time, making it difficult to distinguish the individual curves from observed price-volume points alone without making assumptions. The dotted line shown represents neither the true supply nor demand curve.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате PPTX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Figure1. The identification problem. (a): Both demand and supply curves have shifted over time.

    Dotted line AB joining the observed


    pricevolume points represents neither the true supply nor the true demand curve. (b): Only supply curves have shifted over tim...

    Devlina Chatterjee
    A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India
    IIMB Management Review, Volume 28, Issue 1, 2016, 2024
    http://dx.doi.org/10.1016/j.iimb.2016.01.002

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