Demand, elasticity of demand, supply (Dopyt, elasticita dopytu, ponuka)

Characteristics of demand
Demand is a rate which shows how many buyers are able to buy products and services . The main factors of demand are a price and amount. These buyers and sellers have a meeting in the market of products and services.
Characteristics of market
The market is a place where buyers and sellers meet. Buyers and sellers want agree a price. Buyers and sellers have to make an agreement.
Function of demand is characterised with two quantities. These quantities are amount and price. Demand curve has got fall character. This phenomenon is called the law of declining demand.
The law of declining demand
Increased price is characterised with decreasing of shopping. Decreased price is characterised with increasing of shopping.
Factors of demand
1. Price of products
Demand´s factor means the law of declining demand.
2. Income of consumers
Consumers with low income purchase an essential products.
3. Availability of products
4. Demographical structure of population
Factors of demographical structure of population are age, sex and education.
Types of demand
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