profile-img
Eduncle posted an MCQ
October 15, 2019 • 15:28 pm 0 points
  • UGC NET
  • Management

Which one of the following is the demand state where ?Consumers dislike the product and may even pay to avoid it? ?

Choose Your Answer:
0 Attempts Submit Now
  • 0 Likes
  • 1 Comments
  • 0 Shares
  • comment-profile-img>
    Eduncle Best Answer

    Eight Different States of Demand
    1. Negative Demand : Consumers dislike the product and may even pay to avoid it.
    2. Nonexistent Demand : Consumers may be unaware of or uninterested in the product.
    3. Latent Demand : Consumers may share a strong need that cannot be satisfied by an existing product.
    4. Declining Demand : Consumers begin to buy the product less frequently or not at all.
    5. Irregular Demand : Consumer purchases vary on a seasonal, monthly, weekly, daily, or even hourly basis.
    6. Full Demand : Consumers are adequately buying all products put into the marketplace.
    7. Overfull Demand : More consumers would like to buy the product than can be satisfied.
    8. Unwholesome Demand : Consumers may be attracted to products that have undesirable social consequences.

whatsapp-btn

Do You Want Better RANK in Your Exam?

Start Your Preparations with Eduncle’s FREE Study Material

  • Updated Syllabus, Paper Pattern & Full Exam Details
  • Sample Theory of Most Important Topic
  • Model Test Paper with Detailed Solutions
  • Last 5 Years Question Papers & Answers