Question

What Are the Types of Demand?

Answer 1

Demand can be of the following types:

1. Market demand
2. Individual demand
3. Cross demand
4. Price demand
5. Income demand
6. Composite demand
7. Joint demand
8. Direct and derived demand

Also read:

• Marginal Revenue and Price Elasticity of Demand
• Elasticity of Demand
• Movements Along the Demand Curve and Shifts in the Demand Curve
• Demand Curve and the Law of Demand
• Factors Determining Price Elasticity of Demand for a Good

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