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Types Of Demand
CONSUMER V/S PRODUCER
CONSUMER GOODS
DEMAND
PRODUCER GOODS
DEMAND
 THE DEMAND FOR
PRODUCTS WHICH WERE
REQUIRED BY THE
CONSUMERS ARE CALLED
CONSUMER GOODS
DEMAND GENERALLY
THESE WERE CALLED
NECESSITIES
 FOR EXAMPLE :RICE,
CLOTHES, ETC,.
 THE GOODS WHICH WERE
DEMANDED BY THE
PRODUCER AT THE TIME
OF PRODUCTION ARE
CALLED PRODUCER
GOODS DEMAND
GENERALLY THESE TYPE
OF DEMAND IS SEEN IN
FACTORIES
 FOR EXAMPLE
;RAWMATERIALS
AUTONOMOUS V/S DERVIED
AUTONOMOUS DEMAND DERVIED DEMAND
 IT IS BASED ON THE
NECESSATIES FOR
SATISFYING HUMAN
WANTS .
 IT IS THE DEMAND WHICH
IS CREATED BY THE
PEOPLE TO SATISY THERE
WANTS
 FOR EXAMPLE;
 WHEN THE DEMAND FOR
A PRODUCT DEPENDS ON
DEMAND FOR OTHER
REALTED GOOD .
 IN OTHER WORDS
DEMAND FOR A PRODUCT
ARRIVED FROM THE
PARENT PRODUCT
 FOR EXAMPLE;
DURABLE V/S PERSHIABLE
DURABLE DEMAND PERSHIABLE DEMAND
 IT IS THE DEMAND FOR
DURABLE GOODS
 THE GOODS WHICH CAN
STAY FOR LONG PERIOD
ARE CALLED DURABLE
DEMAND
 FOR EXAMPLE;
 DEMAND FOR PERSHIABLE
GOODS
 LIKE THE GOODS CAN
STALLED NOT MORE THAN
A DAY ARE CALLED
PERSHIBLE GOODS
 FOR EXAMPLE;
VEGETABLES
FIRM V/S INDUSTRY
FIRM DEMAND INDUSTRY DEMAND
 THE DEMAND FOR SINGLE
OR INDIVIDUAL FIRM OR
UNIT
 FOR EXAMPLE;
 THE DEMAND FOR
WHOLE OR GROUP OF
FIRMS
 FOR EXAMPLE;
SHORT RUN V/S LONG RUN
SHORT RUN DEMAND LONG RUN DEMAND
 DEMAND ESTIMITAING
FOR TIME PERIOD
BETWEEN 6 MONTHS TO
ONE YEAR
 FOR EXAMPLE;
 DEMAND ESTIMATING
MORE THAN A YEAR
 FOR EXAMPLE;
NEW V/S REPLACEMENT
NEW DEMAND REPLACEMENT DEMAND
 THE DEMAND FOR NEW
PRODUCTS
 THE DEMAND FOR
REPLACEMENT PRODUCTS
 ITEM PURCHASED TO
MAINTAIN THE ASSET IN
GOOD CONDITION
 HERE WE MODIFY THE
EXISITING PRODUCT WITH
NEW PRODUCTS
FACTORS INFLUNCEING THE DEMAND
 FACTORS
 1 ) PRICE
 2)INCOME
 3)TASTE & PREFERNCES OF THE
CONSUMERS
 4)ADVERTISEMENTS
 5)SUBSTITUTES &
COMPLIMENTARIES
 6)TECHONOLOGICAL CHANGES
 7)GOVERNMENT POLICIES
 8)SIZE OF POPULATION
 9)CLIMATIC CONDITIONS
PRICE
 IT IS INVERSE REALTION SHIP BETWEEN
QUANTITY DEMANDED
 IF THE PRICE OF THE PARTICULAR COMMODITY
INCREASES THE QUNATITY DEMANDED FOR
THAT PRODUCT DECREASES
 WHEN WE DRAW THE DEMAND SCHEDULE OR
THE DEMAND CURVE FOR A GOOD WE TAKE THE
PRICES OF THE RELATED GOOD AS REMAINING
CONSTANT
INCOME
 THE DEMAND FOR GOODS ALSO DEPENDS UPON
THE INCOME OF THE PEOPLE
 IN DRAWING DEMAND CURVE WE TAKE INCOME
AS THE GIVEN AND CONSTANT
 WHEN AS A RESULT OF THE RISE IN THE INCOME
OF THE PEOPLE, THE DEMAND INCREASES,THE
WHOLE OF THE DEMAND CURVE SHIFTS
UPWARD AND VICE VERSA
TASTE AND PREFERNCES OF CONSUMER
 PEOPLE’S TASTES AND PREFERNCES FOR VARIOUS
GOODS OFTEN CHANGE AND AS A RESULT THERE
IS CHANGE IN DEMAND FOR THEM.
 THE CHANGES IN DEMAND CURVE ALSO OCCUR
DUE TO THE CHANGES IN FASHION AND ALSO
DUE TO THE PRESSURE OF ADVERTISEMENTS BY
THE MANSUFACTURERS AND SELLERS OF
DIFFERENT PRODUCTS.
THE SIZE OF THE POPULATION
 SIZE OF THE POPULATION ALSO AFFECT THE
DEMAND
 IN CASE IF NUMBER IS HIGH THE DEAMAND FOR
THE CERTAIN PRODUCT IS ALSO HIGH AND VICE
VERSA
CLIMATIC CONDITIONS
 CLIMATIC CONDITIONS ALSO AFFECT THE
DEAMND
 FOR EXAMPLE ICE CREAMS HAVE LESS DEMAND
IN WINTER SEASON WHEN COMPARED TO
SUMMER SEASON
P EARNESWAR KUMAR

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Types of demand

  • 2.
  • 3. CONSUMER V/S PRODUCER CONSUMER GOODS DEMAND PRODUCER GOODS DEMAND  THE DEMAND FOR PRODUCTS WHICH WERE REQUIRED BY THE CONSUMERS ARE CALLED CONSUMER GOODS DEMAND GENERALLY THESE WERE CALLED NECESSITIES  FOR EXAMPLE :RICE, CLOTHES, ETC,.  THE GOODS WHICH WERE DEMANDED BY THE PRODUCER AT THE TIME OF PRODUCTION ARE CALLED PRODUCER GOODS DEMAND GENERALLY THESE TYPE OF DEMAND IS SEEN IN FACTORIES  FOR EXAMPLE ;RAWMATERIALS
  • 4. AUTONOMOUS V/S DERVIED AUTONOMOUS DEMAND DERVIED DEMAND  IT IS BASED ON THE NECESSATIES FOR SATISFYING HUMAN WANTS .  IT IS THE DEMAND WHICH IS CREATED BY THE PEOPLE TO SATISY THERE WANTS  FOR EXAMPLE;  WHEN THE DEMAND FOR A PRODUCT DEPENDS ON DEMAND FOR OTHER REALTED GOOD .  IN OTHER WORDS DEMAND FOR A PRODUCT ARRIVED FROM THE PARENT PRODUCT  FOR EXAMPLE;
  • 5. DURABLE V/S PERSHIABLE DURABLE DEMAND PERSHIABLE DEMAND  IT IS THE DEMAND FOR DURABLE GOODS  THE GOODS WHICH CAN STAY FOR LONG PERIOD ARE CALLED DURABLE DEMAND  FOR EXAMPLE;  DEMAND FOR PERSHIABLE GOODS  LIKE THE GOODS CAN STALLED NOT MORE THAN A DAY ARE CALLED PERSHIBLE GOODS  FOR EXAMPLE; VEGETABLES
  • 6. FIRM V/S INDUSTRY FIRM DEMAND INDUSTRY DEMAND  THE DEMAND FOR SINGLE OR INDIVIDUAL FIRM OR UNIT  FOR EXAMPLE;  THE DEMAND FOR WHOLE OR GROUP OF FIRMS  FOR EXAMPLE;
  • 7. SHORT RUN V/S LONG RUN SHORT RUN DEMAND LONG RUN DEMAND  DEMAND ESTIMITAING FOR TIME PERIOD BETWEEN 6 MONTHS TO ONE YEAR  FOR EXAMPLE;  DEMAND ESTIMATING MORE THAN A YEAR  FOR EXAMPLE;
  • 8. NEW V/S REPLACEMENT NEW DEMAND REPLACEMENT DEMAND  THE DEMAND FOR NEW PRODUCTS  THE DEMAND FOR REPLACEMENT PRODUCTS  ITEM PURCHASED TO MAINTAIN THE ASSET IN GOOD CONDITION  HERE WE MODIFY THE EXISITING PRODUCT WITH NEW PRODUCTS
  • 10.  FACTORS  1 ) PRICE  2)INCOME  3)TASTE & PREFERNCES OF THE CONSUMERS  4)ADVERTISEMENTS  5)SUBSTITUTES & COMPLIMENTARIES  6)TECHONOLOGICAL CHANGES  7)GOVERNMENT POLICIES  8)SIZE OF POPULATION  9)CLIMATIC CONDITIONS
  • 11. PRICE  IT IS INVERSE REALTION SHIP BETWEEN QUANTITY DEMANDED  IF THE PRICE OF THE PARTICULAR COMMODITY INCREASES THE QUNATITY DEMANDED FOR THAT PRODUCT DECREASES  WHEN WE DRAW THE DEMAND SCHEDULE OR THE DEMAND CURVE FOR A GOOD WE TAKE THE PRICES OF THE RELATED GOOD AS REMAINING CONSTANT
  • 12. INCOME  THE DEMAND FOR GOODS ALSO DEPENDS UPON THE INCOME OF THE PEOPLE  IN DRAWING DEMAND CURVE WE TAKE INCOME AS THE GIVEN AND CONSTANT  WHEN AS A RESULT OF THE RISE IN THE INCOME OF THE PEOPLE, THE DEMAND INCREASES,THE WHOLE OF THE DEMAND CURVE SHIFTS UPWARD AND VICE VERSA
  • 13. TASTE AND PREFERNCES OF CONSUMER  PEOPLE’S TASTES AND PREFERNCES FOR VARIOUS GOODS OFTEN CHANGE AND AS A RESULT THERE IS CHANGE IN DEMAND FOR THEM.  THE CHANGES IN DEMAND CURVE ALSO OCCUR DUE TO THE CHANGES IN FASHION AND ALSO DUE TO THE PRESSURE OF ADVERTISEMENTS BY THE MANSUFACTURERS AND SELLERS OF DIFFERENT PRODUCTS.
  • 14. THE SIZE OF THE POPULATION  SIZE OF THE POPULATION ALSO AFFECT THE DEMAND  IN CASE IF NUMBER IS HIGH THE DEAMAND FOR THE CERTAIN PRODUCT IS ALSO HIGH AND VICE VERSA
  • 15. CLIMATIC CONDITIONS  CLIMATIC CONDITIONS ALSO AFFECT THE DEAMND  FOR EXAMPLE ICE CREAMS HAVE LESS DEMAND IN WINTER SEASON WHEN COMPARED TO SUMMER SEASON

Editor's Notes

  1. ZCVDFBDFHBDFTGHBFGBFDGBFRDGVBFSDGVREGVERGWERGFMW4LERGNFLWE