Question on: SS2 Economics - Types of Demand And Supply (With Curves)
Define Seasonal demand and give one relevant example
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Seasonal demand refers to the effect that changes in the seasons or weather have on the demand for a product or service. It is shown graphically by the seasonal demand curve, which is a curve that represents the relationship between the time of year and the quantity demanded of a product or service. For example, demand for air conditioners and ice cream is high during the summer, while demand for winter jackets and hot cocoa is high during the winter.
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