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Types of Demand

I Individual and Market Demand:
I Individual and Market Demand:

The individual demand is the demand of one individual or firm. It represents the quantity of a good that a single consumer would buy at a specific price point at a specific point in time. While the term is somewhat vague, individual demand can be represented by the point of view of one person, a single family, or a single household.

ii Organization and Industry Demand:
ii Organization and Industry Demand:

Balancing the supply and demand sides of a service industry is not easy, and whether a […] 2 / 3 Free Articles left Remaining Register for more | Subscribe + Save! menu

source: hbr.org
image: chegg.com
iii Autonomous and Derived Demand:
iii Autonomous and Derived Demand:

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 consu … mer demand for a product affects demand for all firms involved in the production of that product.

source: answers.com
iv Demand for Perishable and Durable Goods:
iv Demand for Perishable and Durable Goods:

Nature of demand for durable goods is of special interest in demand theory. Demand for durable goods is more volatile than the demand for non-durable goods. In economics durable goods are defined as those goods that go on yielding services to the consumers over a number of periods in future.

image: docsity.com
v Short-Term and Long-Term Demand:
v Short-Term and Long-Term Demand:

Short-term and Long-term Demand Short-term demand refers to the demand for goods that are demand over a short period. In this category fall mostly the fashion consumer goods, goods of seasonal use and inferior substitutes during the scarcity period of superior goods.

source: bms.co.in

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