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Discrete demand refers to a situation in which the quantity of a product or service demanded by consumers is distinct and specific, often represented in whole numbers rather than fractions. This contrasts with continuous demand, where quantities can vary smoothly. Discrete demand is commonly seen in markets for items that are sold in fixed units, such as tickets, vehicles, or appliances. It often requires different analytical approaches in forecasting and inventory management compared to continuous demand models.
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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
Different degrees of elasticity of demand?
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
What is variable demand stochastic demand deterministic demand?
stochastic demand is random demand. it is determined by predictable actions and a random element.
What is is a shift of the demand curve to the right (an increase in demand) or to the left (a decrease in demand).?
Change in demand.
Is oxygen an infinite network of atoms or composed of discrete molecules?
composed of dicrete molecules
What is a digital signal?
they are non continuous signals that consist of pulses or digits with dicrete levels or values (usually with value 0 or 1). In digital transmission, the singlas are converted to bindary code.
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
What are the 4 characteristics of business demand?
the 4 characteristics of business demand are derived demand, fluctuating demand, stimulating demand and finally demand elasticity!
What are the kind of demand?
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
Different degrees of elasticity of demand?
Perfectly elastic demand. Relative elastic demand. Unit elasticity of demand. Relative inelastic demand. Perfectly inelastic demand.
What is variable demand stochastic demand deterministic demand?
stochastic demand is random demand. it is determined by predictable actions and a random element.
What is is a shift of the demand curve to the right (an increase in demand) or to the left (a decrease in demand).?
Change in demand.
How is the law of demand related to the demand curve?
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.
How is law of demand related to the demand curve?
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.
What is Primary demand and secondary demand?
primary and secondary demand
