Expected relationship between the demand of software and the own price of software:
This is an indirect relationship between the price of software and the quantity demand. A fall in price will cause the demand for software to expand while a rise in price will cause the demand for it to contract. The own price of the software has the affection to the demand of software. Customer usually would look at the price of the product before they do any purchases, and they always to buy the product if the price is reasonable for them or else they are not going to buy it unless they really want it badly. In the other word, as price gets higher, people want less of a particular product.
The relationship between the demand of software and the price of computers:
Price of related goods (substitutes and complements). Two products are complements for one another then a fall in the price of one will cause a increase in the demand for the other.
Alternatively, a rise in the price of one will cause a decrease in the demand for the other. Simply, if price of computers raise then price of software will fall.
The relationship between the demand of software and the real disposable income:
As people's income raises demand for goods and services rise too. The amount of income that buyers have available to spend on a good affects the ability to purchase a good. In general, income has a direct affect on the ability to buy a good, that is, more income means more buying. However, income can actually affect demand in two ways. For normal goods, more income means more demand. For inferior goods, however, more income means less demand. Goods which obey this rule are called -...