PPT-INCOME TAX TDS Demand Correction

Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C86. Outline. Substitute Lecturer Next Week. Roll Call. Class Rep. Problems. Discussion. Class Rep. Exercise. Consider the following demand function: Q. Price Elasticity of Demand (PED). Income Elasticity of Demand (YED). Cross-Price Elasticity of Demand . Price Elasticity of Supply. Elasticities. Possible test questions:. What factors determine the price and income . (INSECT). AKA Determinants of Demand. Demand shifters, or determinants, are any factors that if changed, will cause the demand curve to shift out / right / up or in / left / down. Shifters will cause people to demand MORE or LESS of the good AT ANY PRICE.. http://en.wikipedia.org/wiki/Coal_Strike_of_1902. 2. What is . e. d. . for Cigarettes?. “Economic studies have suggested that a price increase of 10 percent reduces smoking about 4 percent” . e. Kaitlin Smith. 20 September 2016. Overview. “Rising Incomes Juice Consumer Spending”. Wall Street Journal, 13 September 2016. For the middle class, income increased 5.2% between 2014 and 2015. WSJ expects that most of the people earning more income will spend more money. Uganda?. Grieve . Chelwa. Emerging Research Programme. C A P E T O W N . 22 – 26 June 2015. Introduction & motivation. Uganda’s smoking prevalence relatively high for SSA. 17% male (vs 14% for SSA). Edexcel Business. Theme 1:. Marketing and people. Challenge:. What is meant by the term PED?. What is the formula for . P. ED?. State 2 factors influencing PED.. If a product has a PED of -0.7 would it be a good or bad idea to lower price? Explain your answer.. Write down whatever you can remember about the last time we discussed Economics. . Dec. 2. Who or what decides what you get?. Warm up: December 2, 2014. What are the 3 types of economic systems? How does each determine the answers for the 3 economic questions?. for Money. The Demand for Money. The . motives. . for holding money. Money demand as a . medium of exchange. The Cambridge equation.. The Inventory model.. Friedman approach.. Rothbard approach.. Money demand as a . Chapter 32. The . Labor Market and . The Distribution of Income. Insert Cover Picture. Learning Objectives. . 32.1 . Explain . why competition generates wages equal to marginal revenue . product.. 32.2 . 1) You and a partner will design a t-shirt that you think will sell amongst your peers. You will have about 7 minutes to design your product. 2) Once you have your design, collect your data. Go around the class and present your t-shirt. Ask what price they would be willing to pay for your shirt.. for Money. The Demand for Money. The . motives. for holding money. Money demand as a . medium of exchange. The Cambridge equation.. The Inventory model.. Friedman approach.. Rothbard approach.. Money demand as a . The Demand ECO 473 - Money & Banking - Dr. D. Foster for Money The Demand for Money The motives for holding money Money demand as a medium of exchange The Cambridge equation. The Inventory model. V.S. . Karpe. Dept. of Economics. Sarvajanik. Arts & Commerce College, . Visarwadi. , Tal. . Navapur. , Dist. . Nandurbar. (MH). Examples. As a result of fall in the price of radio from Rs. 500 to Rs. 400, quantity demanded increases from 100 radios to 150 radios..