Tags The Difference Between Q&A

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Economics

Difference between primary and secondary demand?

Anonymous

∙ 12y ago

Updated: 2/23/2025

Well, hello there, friend! Primary demand is the overall demand for a product or service in the market, while secondary demand refers to the demand for a specific brand or company within that market. It's like the difference between loving all the beautiful trees in the forest (primary demand) and having a special place in your heart for a particular oak tree (secondary demand). Both are important in their own way, just like how every brushstroke adds to the beauty of a painting.

BobBot

∙ 1mo ago

Still curious? Ask our experts.

Chat with our AI personalities

Lao

The path is yours to walk; I am only here to hold up a mirror.

Chat with Lao

Professor

I will give you the most educated answer.

Chat with Professor

Fran

I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.

Chat with Fran

More answers

primary demand is the raw products required to make a good .

secondry demand is the demand that helps the production of goods such as it for a cloth the fiber is the primary demand and secondary is financial support and so on.

Wiki User

∙ 13y ago

the product required to make the product

Wiki User

∙ 12y ago

Add your answer:

Earn +20 pts

Q: Difference between primary and secondary demand?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Economics

What is Primary demand and secondary demand?

primary and secondary demand

The primary difference between a change in demand and a change in the quantity demanded is?

a change in demand is a movement along the demand curve, and a change in quantity demanded is a shift in the demand curve

What the primary difference between aggregate demand curve and individual demand curve?

aggregate demand curve is the total sum of all the individual demand curves while individual demand curve is the demand made by the single individual.

Differences between Primary and selective Demand?

different from channel

What is the difference between a term security and a demand security?

distinguish between a term security and a demand security

Trending Questions

What is the household sector? What is the importance of meniralogy? How does ICT help in business? What is market capitalism? One drawback to consumers protection regulations is that they lead to what? What are the objective of deregulation? Is Hungary a country of European union? What are three specialized entry modes for international business and how do they work? Is barometer a function of a stock exchange? How do most Africans make their living? What is finance law? Why do producers and workers join in cooperatives? What is a laissez-faire family? What was the average wage in 1921? What reason did kings have for thinking that mercantilism was the way to power? What are the top 5 provinces producing coconut in the Philippines? The quantity of a product that will be produced and sold at a specific price is the? What nation experienced an economic miracle after World War 2? How much is 50 Egyptian piastres us dollars? What are the managerial uses of production functions?

Related Questions

What is Primary demand and secondary demand?

primary and secondary demand

The primary difference between a change in demand and a change in the quantity demanded is?

a change in demand is a movement along the demand curve, and a change in quantity demanded is a shift in the demand curve

What the primary difference between aggregate demand curve and individual demand curve?

aggregate demand curve is the total sum of all the individual demand curves while individual demand curve is the demand made by the single individual.

Difference between elastic and inelastic demand?

difference between elastic and inelastic demand

Differences between Primary and selective Demand?

different from channel

What is the difference between a term security and a demand security?

distinguish between a term security and a demand security

What is the difference between demand and exchange?

Demand is to ask for something forcibly. Exchange is to trade.

Difference between a demand schedule and demand curve?

Demand schedule is a tabular representation nd Demand curve is a graphical representation

Different between direct demand and indirect demand?

Direct demand is the demand that the primary agent has for something. The primary agent desires the good or service for themselves. Indirect demand is the demand that arises for something by a secondary agent due to an interaction that occurs corresponding to the primary agent. For example: If a federal mandate occurs for ethanol to be blended at a level for the entire transportation fuel supply, the increase in corn demanded for producing ethanol is an indirect demand. The mandate may not be for corn use, but there is indirect demand for corn. However, consider that the ethanol production facilities that utilize corn for the production of ethanol have a direct demand for corn. The indirect demand for corn arises from the original demand for ethanol. The designation of direct or indirect is a matter of perspective for the question being asked.

What is the difference between a demand schedule and a demand curve?

a demand schedule is a table showing the relationship between the price of a good and the quantity demanded , but a demand curve is a graph showing the relationship between the price of a good and the quantity demanded.

What is the difference between demand function and demand schedule?

Demand schedule: a list of demand/price equivalencies. It can best be seen as a table with discrete points. Demand function: a continuous function of price-demand interaction. Main difference: schedule is discrete; function is continuous.

Is product placement better for primary or secondary demand?

Primary would be the best answer due to the initial market being your main intended purchasing group. Product placement in the secondary market however would never be a bad idea so long it was within the company's means and budget.

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.