Computes the quantity that is demanded at a given price based on the satiation demand quantity q and the demand preference profile pp. The price argument will normally be computed using the FIND MARKET PRICE function. Both q and pp must be Subscripted variables and the subscripts for pp must be the subscripts for q followed by a pprofile subscripts. See the Allocation section for more details.
Units: | DEMAND AT PRICE(units,punits,punits) --> units |
The output units are those of q. Those units for pp and price must match.
Example
amount demanded[demander] = DEMAND AT PRICE( |
demand satiation[demander], |
demand curve[demander,ptype], |
market price) |
Availability: DSS and Professional only.
See also: SUPPLY AT PRICE, FIND MARKET PRICE, ALLOCATE AVAILABLE, Allocation
Sample model: DEMAND AT PRICE.mdl in FunctionExamples