derived demand
derived demand
stochastic demand is random demand. it is determined by predictable actions and a random element.
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
Industry demand is subject to genera economic conditions. Firm demand is determined by economic conditions and competition
Individual demand is the demand of one individual consumer in the market for a good or service.Market demand is the total combined demand of all consumers in the market for a good or service.
derived demand
It is the importance assigned to an object or service as determined by public demand.
Value is determined by the demand and the supply
Indirect demand refers to the demand for goods or services that arises from the demand for another good or service. This can occur when one product is necessary for using another product, causing a ripple effect in the demand chain. For example, the demand for automobile tires is indirectly driven by the demand for automobiles.
stochastic demand is random demand. it is determined by predictable actions and a random element.
In economics, the law of demand states:- As the price of a good or service increases, the demand for that good or service will decrease.- As the price of a good or service decreases, the demand for that good or service will increases.
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
Stagnant demand is when there is little to no increase in the demand for a certain product or service
Industry demand is subject to genera economic conditions. Firm demand is determined by economic conditions and competition
Individual demand is the demand of one individual consumer in the market for a good or service.Market demand is the total combined demand of all consumers in the market for a good or service.
I got supply & demand from another website somewhere
A free market is a market where prices are determined by supply and demand. Free markets contrast with controlled markets in which prices, supply or demand id directly controlled.