Changes in the demand curve under the infl uence of elasticity

UDC 338.24

Authors

Tsirikhova A. R.
1st year student, Faculty of Economics and Management, North Ossetian State University K.L. Khetagurova

Abstract

When prices for non-price factors change, this is a shift in the supply curve, proposal change. When there is a change in the quantity supplied in response to a change in the price of a given good, this is a movement along the supply curve.

Keywords

demand curve, elasticity, prices, supply curve, supply volume.