Which one is not a type of demand?

Price demand
Derived demand
Joint demand
All of these

The correct answer is D. All of these.

Price demand is the relationship between the price of a good and the quantity demanded of that good. Derived demand is the demand for a good or service that arises from the demand for another good or service. Joint demand is the demand for two or more goods that are used together.

Price demand is a type of demand because it is a relationship between the price of a good and the quantity demanded of that good. Derived demand is a type of demand because it is the demand for a good or service that arises from the demand for another good or service. Joint demand is a type of demand because it is the demand for two or more goods that are used together.

However, all of these are not the only types of demand. Other types of demand include:

  • Individual demand: The demand for a good or service by an individual consumer.
  • Market demand: The total demand for a good or service by all consumers in a market.
  • Inelastic demand: A situation in which the quantity demanded of a good or service changes very little in response to a change in price.
  • Elastic demand: A situation in which the quantity demanded of a good or service changes a lot in response to a change in price.
  • Unitary elastic demand: A situation in which the quantity demanded of a good or service changes exactly in proportion to a change in price.
  • Perfectly inelastic demand: A situation in which the quantity demanded of a good or service does not change at all in response to a change in price.
  • Perfectly elastic demand: A situation in which the quantity demanded of a good or service changes infinitely in response to a change in price.
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