Class 12 Economics |Chapter 3A | DEMAND ANALYSIS | Complete Chapter |Maharashtra Board I IMP COVERED

[@nirmal_wadhe]

Timestamps
00:09 - Demand analysis is crucial for understanding price and quantity relationships.
01:10 - Understanding demand as a strong desire backed by willingness and ability to pay.
03:04 - Demand analysis highlights price as the primary determinant.
04:04 - Price inversely affects demand according to the law of demand.
05:53 - Substitutes impact consumer demand based on price changes.
06:56 - Complementary goods impact demand based on price changes.
08:46 - Product necessity affects demand: necessity, comfort, and luxury categories.
09:39 - Population size significantly impacts demand for commodities.
11:37 - Expectations significantly influence current demand levels.
12:25 - Expectations influence consumer demand and purchasing behavior.
14:02 - Consumer taste and fashion significantly influence demand patterns.
14:59 - Consumer demand is influenced by trends, preferences, and external factors.
16:48 - Demand changes with climate, technology, government policies, and customs.
17:36 - Cultural influences affect demand variations in marriage customs.
19:29 - Understanding the Law of Demand and its significance.
20:22 - Understanding the functional relationship between price and demand.
22:08 - Alfred Marshall's law discusses demand changes with price variations.
22:58 - Understanding the relationship between price and demand according to Marshall.
24:50 - Price and quantity demanded have an inverse relationship.
25:43 - Alfred Marshall's assumptions on consumer behavior and demand dynamics.
27:25 - Understanding price and population size influence on demand.
28:12 - Understanding the Law of Demand is crucial for exam success.
30:01 - Understanding the Law of Demand with simple scheduling and diagram techniques.
31:16 - Understanding the inverse relationship between price and quantity demanded.
33:35 - Understanding demand analysis through diagrammatic representation of inverse relationships.
34:54 - Understanding the downward slope of the demand curve.
36:45 - Effective exam preparation requires structured practice and understanding of demand analysis.
37:38 - Understanding exceptions to the law of demand.
39:40 - Exceptions to the Law of Demand in Consumer Behavior
40:27 - Understanding Giffen goods and inferior goods in economics.
42:10 - Demand behavior contradicts expectations when bread prices drop.
42:53 - Prestige goods are status symbols, influencing buying decisions regardless of price.
44:36 - Understanding demand for speculative goods based on future expectations.
45:35 - Understanding prestige goods and demand variation is crucial for economics.

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[@villangammer4368]

But real life mai agr dekhe diwali mai fatako ki price high hoti hai compare to other days . Aisa Q sir , diwali mai fatako ki demand jyada hoti hai to fir price niche Q nhi hota 😅

[@gamers-tp8dv]

Diwali mein woh necessity ban jaati hai logo ki. Price kaisa bhi ho voh lete hi hai. Isliye sellers unhe exploit karke jyada prices rakhte hai. Baaki time koi nahi jalata fatake. USS vakt voh luxury ya less necessary hoti hai. Uske bina koi kaam rukta nahi. Isliye koi demand nahi karta. Toh prices kam rehte hai

[@V.nayak07]

*Nature of Product*
Diwali me patake ek necessity hai aur patake lene me satisfaction to hai hi lekin woh har ek k income pe depend krta hai. Therefore diwali me patake ki price bhi jyada hoti hai aur demand bhi kyuki bechne walo ko pata hota hai ki jarurat to bahot hai kharidne wale ki just like agar tumhe diabetes hoto tumhe sugar controlling tables ki jarurat ho

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