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What is a demand characteristic?

Updated: 12/14/2022
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What is meant by derived demand and how does this demand characteristic impact freight 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.


Which conditions are most characteristic of an economic depression?

Few jobs and little demand


Which characteristic is associated with an economy based on the principles of laissez daire?

prices based on supply and demand ._.


What is the opposite of a substitute good?

A complementary good. Substitute and complementary goods are determined by cross elasticity of demands. A substitute good has positive cross elasticity: the mercantile characteristics of this good increase if the same characteristic of a different good decreases. If the only two drinks in the world were orange juice and apple juice and the price of orange juice went up (causing concomitant reduction in demand for it), the demand for apple juice would increase. A complementary good has negative cross elasticity: the mercantile characteristics increase if the same characteristic of the complementary good also increases. Maybe if the demand for salami increased the demand for bread would also increase because most people who buy salami eat it on sandwiches. Obviously these are both classroom theoreticals because a lot of things go into determining demand for an item...the demand for salami could increase without a concomitant increase in demand for bread because people have found salami makes a great salad ingredient, or the demand for peanut butter could increase without a similar increase in jelly demand if everyone makes peanut butter cookies.


Different states of demand?

Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand

Related questions

What does the average deviation tell you about a measurement?

characteristic of demand


What is meant by derived demand and how does this demand characteristic impact freight 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.


Which conditions are most characteristic of an economic depression?

Few jobs and little demand


What is a memory characteristic where an application can request a specific item from memory?

Demand Paging


Which characteristic is associated with an economy based on the principles of laissez daire?

prices based on supply and demand ._.


Does your husband have characteristic that are in demand by other women?

oh yes he has a muscular and handsome lloks, so other women find him attractive to.


Which is not a characteristic of the capitalist system?

Capitalism is based on private ownership, entrepreneurship, supply, demand, and profit. Other economic systems do not embrace all of these characteristics.


What is a characteristic of a seller's market?

A characteristic of a seller's market is low inventory of homes for sale, creating high demand among buyers. This often leads to multiple offers on properties, driving up prices and resulting in a competitive housing market that favors sellers.


What does the word property mean in math form?

Characteristic. Characteristic. Characteristic. Characteristic.


What is the opposite of a substitute good?

A complementary good. Substitute and complementary goods are determined by cross elasticity of demands. A substitute good has positive cross elasticity: the mercantile characteristics of this good increase if the same characteristic of a different good decreases. If the only two drinks in the world were orange juice and apple juice and the price of orange juice went up (causing concomitant reduction in demand for it), the demand for apple juice would increase. A complementary good has negative cross elasticity: the mercantile characteristics increase if the same characteristic of the complementary good also increases. Maybe if the demand for salami increased the demand for bread would also increase because most people who buy salami eat it on sandwiches. Obviously these are both classroom theoreticals because a lot of things go into determining demand for an item...the demand for salami could increase without a concomitant increase in demand for bread because people have found salami makes a great salad ingredient, or the demand for peanut butter could increase without a similar increase in jelly demand if everyone makes peanut butter cookies.


Different states of demand?

Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand


How do you explain What are the types of demand?

Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand