Define Seasonal demand and give one relevant ex... - SS2 Economics Types of Demand And Supply (With Curves) Question
Define Seasonal demand and give one relevant example
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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