A) Latent Demand
B) Overfull Demand
C) Negative Demand
D) Irregular Demand
E) Declining Demand
Correct Answer: E
Solution :
[e] Declining demand is when demand for a product, is decline. For example, when CD players were introduced and IPOD came in the market, the demand for Walkman went down. Although there was still a demand for the product the demand was a declining demand.You need to login to perform this action.
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