Types of demands

Assignment # 2

1)Negative demand: happens when shoppers does not like the item and may not ready to pay for it

Example: Insurance policy

2)Nonexistent demand: happens when purchasers might be ignorant of or uninterested in the item.

Example:Family planning is a non existent demand for rural people

3)Latent demand: purchasers share a solid need that can’t be fulfilled by a current item or outdates

Example: advanced cellphones or a cell phone with 48 hours battery

4)Declining demand: customers start to purchase the item once in a while or not under any condition.

Example: CD players

5)Irregular demand: happens when customer purchases varry on a regular, month to month, week after week, day by day or even hourly base

Example: forced air systems, umbrella, chilled drinks, downpour coats.

6)Full demamd: shoppers are acceptably purchasing all items put into the market.

Example: medinices

7)Overfull demand: exist when more purchasers might want to purchase the item than can be fulfilled.

Model: wheat, rice, milk, tea, concrete industry.

8)Unwholesome demand: purchasers pulled in to items that have unfortunate social results.

Model: cigrattes, dozing spills, firearms.

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