1.for transactionary motive 2.for precautionary motive 3.for speculative motive.
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.
the 4 characteristics of business demand are derived demand, fluctuating demand, stimulating demand and finally demand elasticity!
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
stochastic demand is random demand. it is determined by predictable actions and a random element.
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
primary and secondary demand
The data on a demand schedule can be plotted on a demand curve. Often, a demand schedule will be created before the creation of a demand curve, so as to allow for greater accuracy when plotting the demand curve.
It is a shift of the demand curve to the right (an increase in demand) or to the left (a decrease in demand).
Derived demand is the demand to transport goods or services to location depend on demand to consume a goods or services to location. Freight of product is derived from the customer demand of product.
Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.
Social demand = private demand +/- exteranlities
Absolute demand is demand without the ability to pay.
Factors affecting demand
The law of demand is that when you demand something you MUST say please and thank you, it's the law.
According to John Maynard Keynes, the total demand for money is composed of transactional demand, precautionary demand and speculative demand for money.
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.
The difference between demand and quantity demanded is in the definition of them. Demand is the amount of demand at all possible prices; while quantity demanded is the amount of demand at a particular price.
if demand falls due to change in price of commodity its terms in economics as contraction in demand, and if demand falls due to other reasons its term decrease in demand...
The demand curve demonstrates what happens when a product is demanded by customers. A demand function refers to an event that can affect the demand curve.
A demand schedule allows the construction of a demand function which can be used to solve mathematical problems involving demand (such as finding equilibrium demand and price).
please give an exaple of individual demand , market demand & aggegate demand