TYPES OF DEMAND
Andrews V
Sem 1
MBA
WHAT IS DEMAND??
Demand means the effective desire for a
commodity, which is backed by the ability
and willingness to pay for it…..
TYPES OF DEMAND
1) Demand for consumer goods
2) Demand for producers’ goods
3) Autonomous demand
4) Derived demand
5) Individual demand
6) Market demand
7) Company demand
8) Industry demand
9) Short run demand
10)Long run demand
11)Demand for durable goods
12)Demand for perishable goods
13)Joint demand
14)Composite demand
1. DEMAND FOR CONSUMER GOODS
Consumer goods are those goods that are
purchased for final consumption
Eg:food products, soap, Colgate etc
2.DEMAND FOR PRODUCERS’ GOODS
Producers’ goods are those goods that are
used for further production. These are also
known as capital goods
eg:
 working capital goods[raw materials]
 Fixed capital goods [plant, machinery etc]
3. AUTONOMOUS DEMAND
Autonomous demand are independent demand.
These demands are in no way linked with the
demand for other commodities
Eg: food items, cloths etc
4.DERIVED DEMAND
When commodity is demanded as a result of the
demand for another commodity, it is called
derived demand
Eg: capital goods, complementary goods
5.INDIVIDUAL DEMAND
The quantity of a commodity demanded by an
individual at a particular price during a given
period is known as individual demand
Eg: quantity of apple demanded by Mr.X for the
last month when the price was 60 rs per kg
6.MARKET DEMAND
Market demand is the estimates of quantity
demanded of the commodity per time period at
various alternate price by all the individual
households in the market
Eg: quantity demanded for apple for the month of
December at various price by all the individuals
7. COMPANY DEMAND
The term company demand denotes the demand
for a particular product of a particular firm
Eg: the demand for motor bikes of bajaj Ltd in the
market
8.INDUSTRY DEMAND
When we add demand for a particular faced by all
the companies producing that product, we get
what is called an industry demand
Industry demand refers to the total demand for
the product of a particular industry
Eg: demand for bikes in vehicle industry
9.SHORT RUN DEMAND
Short run demand refers to existing demand with
its immediate reaction to price changes,
income fluctuation etc
10.LONG RUN DEMAND
Long run demand is such type of demand which
will ultimately exist as a result of the changes in
pricing, promotion or product improvement,
after enough time is allowed to let the market
adjust itself to the new situation...
11.DEMAND FOR DURABLE GOODS
Durable goods are those goods that are having a
longer life span or that are purchased for longer
use
Eg: television, machinery, equipments etc
12.DEMAND FOR PERISHABLE GOODS
Perishable goods are those goods which
disappear on consumption. These are also
termed as single use goods
Eg: food products, cosmetic items, soap etc
13.JOINT DEMAND
When two or more goods are demanded to satisfy
the same want, it is called joint demand
Eg: demand for car and petrol
14. COMPOSITE DEMAND
When a particular product is demanded to be put
to multiple uses, it is called composite demand
Eg: demand for milk as it is used to make tea, ice-
cream, butter etc
THANK YOU

Types of demand

  • 1.
  • 2.
    WHAT IS DEMAND?? Demandmeans the effective desire for a commodity, which is backed by the ability and willingness to pay for it…..
  • 3.
    TYPES OF DEMAND 1)Demand for consumer goods 2) Demand for producers’ goods 3) Autonomous demand 4) Derived demand 5) Individual demand 6) Market demand 7) Company demand 8) Industry demand
  • 4.
    9) Short rundemand 10)Long run demand 11)Demand for durable goods 12)Demand for perishable goods 13)Joint demand 14)Composite demand
  • 5.
    1. DEMAND FORCONSUMER GOODS Consumer goods are those goods that are purchased for final consumption Eg:food products, soap, Colgate etc
  • 6.
    2.DEMAND FOR PRODUCERS’GOODS Producers’ goods are those goods that are used for further production. These are also known as capital goods eg:  working capital goods[raw materials]  Fixed capital goods [plant, machinery etc]
  • 7.
    3. AUTONOMOUS DEMAND Autonomousdemand are independent demand. These demands are in no way linked with the demand for other commodities Eg: food items, cloths etc
  • 8.
    4.DERIVED DEMAND When commodityis demanded as a result of the demand for another commodity, it is called derived demand Eg: capital goods, complementary goods
  • 9.
    5.INDIVIDUAL DEMAND The quantityof a commodity demanded by an individual at a particular price during a given period is known as individual demand Eg: quantity of apple demanded by Mr.X for the last month when the price was 60 rs per kg
  • 10.
    6.MARKET DEMAND Market demandis the estimates of quantity demanded of the commodity per time period at various alternate price by all the individual households in the market Eg: quantity demanded for apple for the month of December at various price by all the individuals
  • 11.
    7. COMPANY DEMAND Theterm company demand denotes the demand for a particular product of a particular firm Eg: the demand for motor bikes of bajaj Ltd in the market
  • 12.
    8.INDUSTRY DEMAND When weadd demand for a particular faced by all the companies producing that product, we get what is called an industry demand Industry demand refers to the total demand for the product of a particular industry Eg: demand for bikes in vehicle industry
  • 13.
    9.SHORT RUN DEMAND Shortrun demand refers to existing demand with its immediate reaction to price changes, income fluctuation etc
  • 14.
    10.LONG RUN DEMAND Longrun demand is such type of demand which will ultimately exist as a result of the changes in pricing, promotion or product improvement, after enough time is allowed to let the market adjust itself to the new situation...
  • 15.
    11.DEMAND FOR DURABLEGOODS Durable goods are those goods that are having a longer life span or that are purchased for longer use Eg: television, machinery, equipments etc
  • 16.
    12.DEMAND FOR PERISHABLEGOODS Perishable goods are those goods which disappear on consumption. These are also termed as single use goods Eg: food products, cosmetic items, soap etc
  • 17.
    13.JOINT DEMAND When twoor more goods are demanded to satisfy the same want, it is called joint demand Eg: demand for car and petrol
  • 18.
    14. COMPOSITE DEMAND Whena particular product is demanded to be put to multiple uses, it is called composite demand Eg: demand for milk as it is used to make tea, ice- cream, butter etc
  • 19.