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S5C3A6 What are the demand and types?


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Season/Course 5: Market Strategy & Framework

Chapter 3: Marketing Research and Demand

Abstract 6

What are the demand and types? Individual demand refers to the demand for goods and services by a single consumer, whereas market demand is the demand for a product by all the consumers who buy that product. Thus, the market demand is the aggregate of the individual demand. Let's understand this marketing concept in more detail in this episode.

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