Practical manual on agricultural marketing, Trade and prices

This book delves into the fundamental concept of demand in economics, covering the demand schedule, determinants, and the law of demand. It illustrates how consumer behavior and market dynamics are influenced by factors such as price, income, preferences, and related goods. With a focus on real-world examples, like the demand for rice in Bhubaneswar, the text highlights the inverse relationship between price and quantity demanded, demonstrating the law of demand. The book also discusses extensions and contractions of demand, providing a detailed understanding of market responses to price fluctuations, making it a valuable resource for economics students and practitioners.

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