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There is a latent demand for a low-calorie, creamy, and excellent-tasting ice cream.
latent means a hidden something : patent means a document that says that you have the right to make or sell a new product.
Demand refers to the entire relationship between the prices and the quality of the product. Quality demand refers to one particular point on the demand curve.
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
different from channel
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
equilibrium is the responsiveness of quantity demand to a change in price.
Latent period
1. Negative demand =conversational marketing 2. No demand= stimulation marketing 3. Latent demand= development oriented marketing 4. Irregular demand= synchro marketing 5. Falling demand = re marketing 6. Full demand = maintenance marketing 7. Overfull demand =overfull demand unwholesome demand = counter marketing
1. Negative demand =conversational marketing 2. No demand= stimulation marketing 3. Latent demand= development oriented marketing 4. Irregular demand= synchro marketing 5. Falling demand = re marketing 6. Full demand = maintenance marketing 7. Overfull demand =overfull demand unwholesome demand = counter marketing
latent period
Latent functions are unintended, while manifest functions are intended.