Skip to main content

Economics Online Note | Commerce | Classes


Economics Note Law of Demand- Class 12 Commerce


You can be a part of our CBSE class 12th economic science categories to reinforce your possibilities of grading sensible marks within the board examination. we have a tendency to conjointly provide notes, blogs, and articles on necessary topics, news, and knowledge associated with commerce section. during this article, the subsequent topic ‘Law of Demand’ from category twelve economic science is explained.

CBSE Economics note- Law of demand

Statement: The Law of demand states that alternative things remaining constant, the demand for a artifact is reciprocally associated with its value.
D = 1/P
Assumptions:
  • There should be no change in the price of related goods. The related goods include the complimentary as well as substitute goods.
  • There should be no change in the income of the consumer.
  • There should be no change in the taste and preference of the consumer.
  • There should be no change in the number of family members, weather conditions, etc.

Demand Schedule: A demand schedule is a tabular representation of different quantities of commodity demanded at different prices during a given period of time.

Read more...

Register for demos, Economics online classes, Economics notes, CBSE class 12 Commerce classes, at www.takshilalearning.com.

Or call us : 8800999280/8800999284/011-45639131

Comments

Popular posts from this blog

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material  Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne...

What are Noble Gases? Example and noble gases name

What are Noble Gases? Example and noble gases name Noble Gases Noble gases, sometimes known as inert gases or erosions, are part of the modern periodic table's 18th group. This group is made up of the following individuals: Helium is a kind of gas (He) Neon (Ne) Argon is a gas (Ar) Krypton  (Kr) Xenon is a kind of xenon gas (Xe) Radon is a gas that can cause cancer (Rn) Noble gases exist in a gaseous state under typical temperature and pressure conditions. Because all noble gases have stable electronic structures, they have very little chemical reactivity. They are monoatomic gases that do not readily form molecules. 'ns2np6' represents the basic electrical configuration of noble gases. As a result, noble gases' outermost valence shells can be deemed 'complete.' The chemical inertness of the group of 18 elements is due to this. Because of the stability of certain elements, these gases form a group. These stable elements' crusts are totally filled. Regardles...

CS Executive

At  Takshila Learning  we provide you Video Lecture of best faculties in India. We assure you not only the best quality of videos but also best content. Our teachers way of teaching, presentation and explanation is very simple and unique. Why Takshila Learning? We can give you 10 top reasons why you should take CS Executive Online Video Coaching Classes Lectures from Takshila Learnings. We are providing online classes of CS Executive for last 5 years (almost  oldest in the market ) We pick  best teachers  for every subjects. We don’t provide updates only with old videos. Infact we provide  new updated classes  for every attempt Our teachers update notes for every attempt. Videos and notes are  highly exams oriented . Our teachers  cover last 5 attempts question papers  along with ICSI Course content. Our video classes  includes live practical examples  to help you understand easily. Our structure of our  fee ...