a short report comparing and contrasting what different academically valid sources say on the topic- if a business drops its price will it always increase demand - and will it make more profit ? with...

Introduction:
For an inexperienced economist it may sound true that the price of the commodity when
lowered the demand will increase. However the practicality is different and complex relations
impact the dynamics. The following collection of the papers will provide an annotated
ibliography of information to understand the relation between the price and demand. In each of
the article presented here the price sensitivity of the demand is discussed in different scenarios
and the inferences will provide comprehensive information on the price sensitivity of demand
and its business value to increase the profits. This can be determined by the different level of
situation occurs in front of the government and people.
Price Discounting and price decision on the distribution channels:
As the efficiency of quantity demanded by the retailer, if there is single vendor and price
would be elastic, so that retailer would be buys the product from the vendor. In this case both
vendor and the retailers would try to maximize the profit for their own. So in this case optimal
demand method need to be derived, as the resultant, relative price of the product would be
determined by the numerical study as the what are the supply of the product and availability of
the product in the market place, so that goods price would lower does not means that its demands
are so low or price higher does not means that supply is lower, its depend upon the availability of
the product.
Viswanathan, S., & Wang, Q. (2003). Discount pricing decisions in distribution channels
with price-sensitive demand. European Journal of Operational Research, 149(3), 571-587.
Demand of Energy on the basis of the prices and supply:
In this given case scenario the electricity prices and demand are totally based upon the
government rules and regulations and its subsidies given by the authorities to the consumer,
Actual period grid energy values and the demand side figures are examined in the present
oadsheet. The stochastic relationship among the grid energy demand and the mutable grid
electricity prices marks up the component of conversation in the present statement. The relative
among the price and the demand is examined in aspect and numerical models are planned and
confirmed to discovery the optimal policy to increase the proceeds for Disco in the deal of
energy on grid. The paper established the compassion of the request decorations for price
variations in actual time. The info offers a frame work to comprehend the difficulties in demand
disparity and their associations with the price differences. So that, as per need of the different
group of...