interrelated demand
joint/complement demand
competitive
derived
composite
independent
what are the three types o demand behavior
Perfectly inelastic demand, perfectly elastic demand, elastic demand, inelastic demand etc.
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
Inelastic Demand & Elastic Demand
there are five types.1).perfect elastic demand,2)perfect inelastic demand,3).relatively elastic demand,4).relatively inelastic demand4).unity elastic demand
Demand Forecasting Is the estimation of total and maximum quantity needed by the consumers in the market at future time. It must not be higher or lower than the balanced demand. TYPES; qualitative and quantitative demand forecasting.
Luxuries
1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand
What are the different types elasticity What are the different types elasticity + types of elasticity of demand + ELASTIC DEMAND - a change in price, results in a greater than proportional change in the quantity demanded ED>1. INELASTIC DEMAND - a change in price results in a less than proportional change ED<1. UNITARY DEMAND - a change in price results in n equal proportional change ED=1. PERFECTLY ELASTIC DEMAND - demand changes even when price remains unchanged. PERFECTLY INELASTIC DEMAND - change in price does not result in any change.
1-interrelated demand 2-joint demand 3-competetive demand 4-derived 5-composite 6-independent
Oh, dude, there are like three types of elasticity of demand. You've got price elasticity of demand, income elasticity of demand, and cross elasticity of demand. Price elasticity is all about how price changes affect quantity demanded, income elasticity looks at how changes in income impact demand, and cross elasticity measures how the demand for one good changes in response to a change in the price of another good. So, yeah, those are the types, but like, who really needs to know all that, right?
The three types of money demand are transactionary, precautionary, and speculative demand. Transactionary demand is for everyday transactions, precautionary is to meet unexpected needs, and speculative is to take advantage of future investment opportunities. Each type reflects the different reasons individuals hold money in their portfolios.