{"id":3423,"date":"2020-02-19T15:08:37","date_gmt":"2020-02-19T15:08:37","guid":{"rendered":"https:\/\/commerceiets.com\/?p=3423"},"modified":"2020-02-19T15:08:37","modified_gmt":"2020-02-19T15:08:37","slug":"types-of-demand","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/types-of-demand\/","title":{"rendered":"TYPES OF DEMAND"},"content":{"rendered":"\n<p>In this post you will learn about Types of Demand on various basis. Understand the topic and make good notes of this topic: Types of demand<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND\" title=\"TYPES OF DEMAND\">TYPES OF DEMAND<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_ON_BASIS_OF_VARIABLES\" title=\"TYPES OF DEMAND ON BASIS OF VARIABLES\">TYPES OF DEMAND ON BASIS OF VARIABLES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_ON_THE_BASIS_OF_NUMBER_OF_CONSUMERS\" title=\"TYPES OF DEMAND ON THE BASIS OF NUMBER OF CONSUMERS\">TYPES OF DEMAND ON THE BASIS OF NUMBER OF CONSUMERS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_ON_THE_BASIS_OF_DEPENDENCY\" title=\"TYPES OF DEMAND ON THE BASIS OF DEPENDENCY\">TYPES OF DEMAND ON THE BASIS OF DEPENDENCY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_ON_THE_BASIS_OF_TIME_PERIOD\" title=\"TYPES OF DEMAND ON THE BASIS OF TIME PERIOD\">TYPES OF DEMAND ON THE BASIS OF TIME PERIOD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_ON_BASIS_OF_USAGE_OF_GOODS\" title=\"TYPES OF DEMAND ON BASIS OF USAGE OF GOODS\">TYPES OF DEMAND ON BASIS OF USAGE OF GOODS<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/commerceiets.com\/types-of-demand\/#TYPES_OF_DEMAND_OF_DEMAND_ON_THE_BASIS_OF_MARKET\" title=\"TYPES OF DEMAND OF DEMAND ON THE BASIS OF MARKET\">TYPES OF DEMAND OF DEMAND ON THE BASIS OF MARKET<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND\"><\/span><strong>TYPES OF DEMAND<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p>Demand for a commodity is the willingness of the buyer to buy the commodity at a specific price for a specified period of time. The various types of <a href=\"https:\/\/commerceiets.com\/demand\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"demand (opens in a new tab)\">demand<\/a> are as follows:<\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-on-basis-of-variables\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_ON_BASIS_OF_VARIABLES\"><\/span><strong>TYPES OF DEMAND ON BASIS OF VARIABLES<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>PRICE DEMAND<\/strong><strong><\/strong><\/p>\n\n\n\n<p>Price demand is one of the types of demand which refers to the different quantities of the commodity or service which consumers will purchase at a given time and at given prices, assuming other things remaining the same. The people are mostly concerned with the price demand in general. In case of Price demand; demand of the commodity has inverse relation with the price. As the price of commodity increases its demand falls and as the price decreases, its demand rises.<\/p>\n\n\n\n<p><strong>INCOME DEMAND<\/strong><strong><\/strong><\/p>\n\n\n\n<p>Income demand refers to the different quantities of a\ncommodity or service which consumers will buy at different levels of income,\nassuming other things remaining constant. Usually the demand for a commodity\nincreases as the income of a person increases unless the commodity happens to\nbe an inferior product. <\/p>\n\n\n\n<p><strong>Example:<\/strong> Coarse grain\nis a cheap or inferior commodity. The demand for such commodities decreases as\nthe income of a person increases. Thus, the demand for inferior or cheap goods\nis inversely related with the income.<\/p>\n\n\n\n<p><strong>CROSS DEMAND<\/strong><strong><\/strong><\/p>\n\n\n\n<p>When the demand for a commodity depends not\non its price but on the price of other related commodities, it is called cross\ndemand. It can be explained in case of two different kinds of goods:<\/p>\n\n\n\n<p><strong>Substitute\ngoods:<\/strong> Tea and coffee are substitutes\nfor one another. If the price of coffee rises, the consumer will be induced to\nbuy more of tea and, hence, the demand of tea will increase. Thus in case of\nsubstitutes, when the price of one related commodity rises, the demand of the\nother related commodity increases and vice-versa.<\/p>\n\n\n\n<p><strong>Complimentary\nor joint demand goods:<\/strong> When\nthe price of one commodity rises, the demand for it will fall and as a result\nof it the demand for the other joint commodity also falls (even though its\nprice remains the same). For example, if the price of horses increases, their\ndemand will fall and as a result of it the demand for carriages will also fall\neven though their price does not change.<\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-on-the-basis-of-number-of-consumers\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_ON_THE_BASIS_OF_NUMBER_OF_CONSUMERS\"><\/span><strong><strong>TYPES OF DEMAND<\/strong> ON THE BASIS OF NUMBER OF CONSUMERS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>INDIVIDUAL DEMAND<\/strong><\/p>\n\n\n\n<p>The individual demand refers to the\ndemand for goods and services by the single consumer, <\/p>\n\n\n\n<p><strong>MARKET DEMAND<\/strong><\/p>\n\n\n\n<p>The market demand is the demand for a\nproduct by all the consumers who buy that product. Thus, the market demand is\nthe aggregate of the individual demand.<strong><\/strong><\/p>\n\n\n\n<p><strong>MARKET SEGMENT DEMAND<\/strong><\/p>\n\n\n\n<p>The market\ndemand can be sub-divided into the segments on the basis of geographical areas,\nprice sensitivity, customer size, age, sex, etc. This is called as the market\nsegment demand.<\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-on-the-basis-of-dependency\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_ON_THE_BASIS_OF_DEPENDENCY\"><\/span><strong><strong>TYPES OF DEMAND<\/strong> ON THE BASIS OF DEPENDENCY<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>DIRECT DEMAND<\/strong><\/p>\n\n\n\n<p>Commodities or services which\nsatisfy our wants directly are said to have direct demand. <\/p>\n\n\n\n<p><strong>Example:<\/strong> All consumer goods satisfy our wants\ndirectly, so they are said to have direct demand.<\/p>\n\n\n\n<p><strong>DERIVED\nDEMAND OR INDIRECT DEMAND<\/strong><\/p>\n\n\n\n<p>Commodities or services demanded for producing\ngoods which satisfy our wants directly are said to have derived demand. <\/p>\n\n\n\n<p><strong>Example:<\/strong> Demand for a factor of production (say\nlabor) is a derived demand because labor is demanded to help in the\nconstruction of houses which will directly satisfy consumers\u2019 demand.<\/p>\n\n\n\n<p>Thus, the demand for labor which\nhelps us in making a house in a case of indirect or derived demand. The demand\nfor labor is called derived demand because its demand is derived from the\ndemand of a house.<\/p>\n\n\n\n<p><strong>JOINT DEMAND<\/strong><\/p>\n\n\n\n<p>In finished products as in case\nof bread, there is need for so many things\u2014the services of the flour mill,\noven, fuel, etc. The demand for them is called joint demand. Similarly for the\nconstruction of a house we require land, labor, capital, organization and\nmaterials like cement, bricks, lime, etc. The demand for them is, thus, called\na \u2018joint demand.\u2019<\/p>\n\n\n\n<p><strong>COMPOSITE DEMAND<\/strong><\/p>\n\n\n\n<p>A commodity is\nsaid to have a composite demand when its use is made in more than one purpose.\nThe products which have alternative uses have composite demand.<\/p>\n\n\n\n<p><strong>Example:<\/strong> The demand for coal is composite demand\nas coal has many uses\u2014as fuel for a boiler of a factory, for domestic fuel, for\noven for steam-making in railways engine, etc.<\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-on-the-basis-of-time-period\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_ON_THE_BASIS_OF_TIME_PERIOD\"><\/span><strong><strong>TYPES OF DEMAND<\/strong> ON THE BASIS OF TIME PERIOD<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>SHORT-TERM DEMAND<\/strong><\/p>\n\n\n\n<p>Short-term demand refers to the\ndemand for products that are used for a shorter duration of time or for current\nperiod. This demand depends on the current tastes and preferences of consumers.<\/p>\n\n\n\n<p>For example, demand for\numbrellas, raincoats, sweaters, long boots is short term and seasonal in nature.\n<\/p>\n\n\n\n<p><strong>LONG\nTERM DEMAND<\/strong><\/p>\n\n\n\n<p>Long-term demand refers to the demand for\nproducts over a longer period of time.<\/p>\n\n\n\n<p>Generally,\ndurable goods have long-term demand. The long-term demand of a product depends\non a number of factors, such as change in technology, type of competition,\npromotional activities, and availability of substitutes. <\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-on-basis-of-usage-of-goods\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_ON_BASIS_OF_USAGE_OF_GOODS\"><\/span><strong><strong>TYPES OF DEMAND<\/strong> ON BASIS OF USAGE OF GOODS<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>DEMAND FOR PERISHABLE GOODS<\/strong><\/p>\n\n\n\n<p>Perishable or non-durable goods\nrefer to the goods that have a single use. For example, cement, coal, fuel, and\neatables. Perishable goods satisfy the present demand of individuals. The\ndemand for perishable goods depends on the current price of goods and\ncustomers\u2019 income, tastes, and preferences and changes frequently.<\/p>\n\n\n\n<p><strong>DEMAND\nFOR DURABLE GOODS<\/strong><\/p>\n\n\n\n<p>Durable goods refer to goods that can be used\nrepeatedly. For example, clothes, shoes, machines, and buildings. Durable goods\nsatisfy both present as well as future demand of individuals. Therefore,\nconsumers purchase durable items by considering its durability.<\/p>\n\n\n\n<p>In addition, durable goods need replacement\nbecause of their continuous use. The demand for durable goods changes over a\nlonger period of time.<\/p>\n\n\n\n<h4 class=\"has-text-align-center wp-block-heading\" id=\"types-of-demand-of-demand-on-the-basis-of-market\"><span class=\"ez-toc-section\" id=\"TYPES_OF_DEMAND_OF_DEMAND_ON_THE_BASIS_OF_MARKET\"><\/span><strong><strong>TYPES OF DEMAND<\/strong> OF DEMAND ON THE BASIS OF MARKET<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong>ORGANIZATION DEMAND<\/strong><\/p>\n\n\n\n<p>The demand for the products of an\norganization at given price over a point of time is known as organization\ndemand. For example, the demand for Toyota cars is organization demand. <\/p>\n\n\n\n<p><strong>INDUSTRY\nDEMAND<\/strong><\/p>\n\n\n\n<p>The sum total of demand for products of all organizations in a particular industry is known as industry demand. For example, the demand for cars of various brands, such as Toyota, Maruti Suzuki, Tata, and Hyundai, in India constitutes the industry\u2019 demand.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/demand\/\">Theory of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-demand\/\">Law of Demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/demand-function\/\">Demand Function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/exceptions-of-law-of-demand\/\">Exceptions of law of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/elasticity-of-demand\/\">Elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/change-in-demand\/\">Change in demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/price-elasticity-of-demand\/\">Price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-law-of-demand-and-elasticity-of-demand\/\">Law of demand Vs Elasticity of demand<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/factors-affecting-price-elasticity-of-demand\/\">Factors affecting price elasticity of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/production-function\/\">Production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-short-run-long-run-production-function\/\">Short run vs long run production function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-variable-proportions\/\">Law of variable proportions<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/types-of-demand\/\">Types of demand<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/managerial-economics\/\">Managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/characteristics-of-managerial-economics\/\">Characteristics of managerial economics<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/scope-of-managerial-economics\/\">Scope of managerial economics<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/utility-analysis\/\">Utility analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-marginal-utility\/\">Law of diminishing marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-equi-marginal-utility\/\">Law of equi marginal utility<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium\/\">Consumers Equilibrium<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/indifference-curve-analysis\/\">Indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/consumer-equilibrium-using-indifference-curve-analysis\/\">Consumer equilibrium using indifference curve analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-tp-ap-and-mp\/\">Relationship between TP, AP and MP<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-increasing-returns\/\">Law of increasing returns<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/law-of-diminishing-returns\/\">Law of diminishing returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/law-of-constant-returns\/\">Law of constant returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/returns-to-scale\/\">Returns to Scale<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/economies-and-diseconomies-of-scale\/\">Economies and diseconomies of scale<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/concept-of-costs\/\">Concept of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/relationship-between-ac-and-mc\/\">Relationship between AC and MC<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/traditional-theory-of-cost\/\">Traditional theory of costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/modern-theory-of-cost\/\">Modern theory of costs<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/explicit-vs-implicit-costs\/\">Explicit vs Implicit costs<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/revenue\/\">Revenue<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-competition\/\">Perfect competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-meaning\/\">Monopoly<\/a>&nbsp;<\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/price-discrimination\/\">Price discrimination<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-perfect-competition-and-monopoly\/\">Difference between perfect competition and monopoly<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perfect-and-monopolistic-competition\/\">Perfect Vs Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopoly-and-monopolistic-competition\/\">Monopoly and monopolistic competition<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/product-differentiation-strategy\/\">Product differentiation strategy<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/monopolistic-competition\/\">Monopolistic competition<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/national-income-in-india\/\">National Income in India<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/measurement-of-national-income\/\">Measurement of national income in India<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/consumption-function\/\">Consumption function<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/keynesian-psychological-law-of-consumption\/\">Keynes Psychological law of consumption<\/a><\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"266\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg\" alt=\"TYPES OF DEMAND\" class=\"wp-image-787\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1024x266.jpg 1024w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-300x78.jpg 300w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-768x199.jpg 768w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize-1536x398.jpg 1536w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-Presentation-resize.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>TYPES OF DEMAND<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>In this post you will learn about Types of Demand on various basis. Understand the topic and make good notes of this topic: Types of demand TYPES OF DEMAND Demand for a commodity is the willingness of the buyer to buy the commodity at a specific price for a specified period of time. The various&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/types-of-demand\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;TYPES OF DEMAND&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":3424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3423"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=3423"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/3424"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=3423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=3423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=3423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}