Last Updated 12 May 2020
Why does an economist create a market demand curve
Economist should know everything about a market demand curve because it helps to run the business. First of all, this curve shows the actual demand for a specific product. If it rises, so the companies should produce more. If the curve shows a downward trend, it is better to stop excessive production. Secondly, the demand curve helps to determine the most advantageous price.
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Why does an economist create a market demand curve. (2018, Apr 03). Retrieved from https://phdessay.com/why-does-an-economist-create-a-market-demand-curve/