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what is selective demand advertising
Demand refers to the entire relationship between the prices and the quality of the product. Quality demand refers to one particular point on the demand curve.
primary and secondary demand
a change in demand is a movement along the demand curve, and a change in quantity demanded is a shift in the demand curve
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.