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Demand Functions

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Price Theory

Abstract

The consumer’s purchase plan will be revised if he experiences (a) a change in income; (b) a change in the prices of the goods; (c) a change in tastes, or (d) any combination of two or all of these. We consider first a change in income.

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© 1977 W. J. L. Ryan and D. W. Pearce

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Ryan, W.J.L., Pearce, D.W. (1977). Demand Functions. In: Price Theory. Palgrave, London. https://doi.org/10.1007/978-1-349-17334-1_2

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