Write the eight demand states

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Write the eight demand states with respect to lenses for eyes from the following list.

Many people don't want to admit that they need lenses for eyes. This will occur when something better is invented, such as surgery to repair the eyes. The consumer perceives a need for eye care devices only periodically, possibly when they begin having trouble seeing. The manufacturers of the lenses are making all they possibly can. Seeking alternatives, consumers may find that alternatives have undesirable social consequences. When eye lenses were first introduced, people didn't know they existed. Before they were introduced, many people thought such a product would be nice, but didn't think it would ever exist. The manufacturers of the lenses can't make enough and inventories are low.

Demand List: full demand, overfull demand, unwholesome demand, negative demand, declining demand irregular demand, nonexistent demand, latent demand

Reference no: EM132865386

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