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Types of demand for business products are fluctuating

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Assignment:

The four types of demand for business products are fluctuating, joint, derived, and inelastic. Categorize each situation according to its demand.

  • A manufacturer of snow tires provides a discount on its products during the summer months. What type of demand is this?
  • A grocery store is running low on hamburger buns. It must order more to keep up with demand. Hamburger buns illustrate what type of demand for businesses?
  • Fleetwood, an RV manufacturer, is constructing its newest RV model. The windshield wipers for the RV have risen in price. What type of demand applies to this product?
  • Sales of computers are increasing. Intel markets its computer chips to computer manufacturers worldwide. Describe the type of demand for its computer chips.

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Reference no: EM133272002

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