A.13 Characteristics demand | Consumption - Microeconomics

Learn more: www.policonomics.com/character...
This video helps understand how characteristics demand works. We start with a simple example, using just two brands. Then, we'll see what happens when we allow for convex demand curves. Finally, we'll see how a new brand might change the analysis.
Related videos:
-Indifference curves: • A.2 Indifference curve...
-Utility function: • A.1 Utility function |...
Related articles:
-Preferences: www.policonomics.com/preferences/
-Utility function: www.policonomics.com/utility/
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[@trisha_mehta]

Didn't understood this section- From

[@Policonomics]

This week's featured video is about Characteristics Demand, which is useful when analyzing brand loyalty and the effects of introducing a new brand to a market:

[@rodneyturkson918]

hey could you do videos on market structures?

[@mugibentang7328]

We can Opt for Point D

[@maheshbisht-]

few difficult to understand