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Demand curve

Demand curve: Managerial Economics
Demand curve: Managerial Economics

The demand curve shows how many customers are willing to buy your product or service at any given price. As such, the demand curve is central to every pricing and production decision a firm makes. In practice, managers hardly ever know the exact demand curve. However, the closer our assumptions are, the more likely are we going to be profitable.

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Skill Level Intermediate
1h 20m
Duration
15,310
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Skills covered in this course
Business Accounting Management Leadership

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