Question

Draw a flow chart of various types of demand and explain each type in one line.​

Answer 1

Explanation:

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Answer 2

Answer:

5 type of demand

1. individual and Market Demand
2. Organization and Industrial Demand
3. Autonomous and Derived Demand
4. Demand for Perishable and Durable Goods
5. Short-term and Long-term Demand

Explanation:

1)INDIVIDUAL AND MARKET DEMAND:-It refers to the classification of demand of a product based on the number of consumers in the market..The individual demand of a product is influenced by the price of a product,income of customers,and their taste and preferences.On the other hand the total quantity demanded for a product by all individual at a given price and time is regarded as market demand..