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The Basis of Demand

  • Barry Harrison
  • Charles Smith
  • Brinley Davies
Chapter

Abstract

Market demand, the total demand of all consumers of a particular product, was examined in Chapter 3. In Chapter 6 we are more concerned with individual demand, the demand for a particular product by a single consumer. We assume that individuals demand goods and services in order to obtain maximum satisfaction from their limited incomes.

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Copyright information

© Barry Harrison, Charles Smith and Brinley Davies 1992

Authors and Affiliations

  • Barry Harrison
  • Charles Smith
  • Brinley Davies

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