Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this product might be low. (2-4 sentences. 2.0 points)

Business · High School · Thu Feb 04 2021

Answered on

Let's consider the product "air conditioners":

High Demand Scenario:

During the summer months, especially in regions with hot climates, the demand for air conditioners typically surges. People seek relief from the heat, increasing the demand for cooling systems like air conditioners. In areas where temperatures soar, such as in tropical regions or during heatwaves, the demand for air conditioners tends to be high. Additionally, in locations where the infrastructure or cultural practices prioritize indoor comfort despite high outdoor temperatures, the demand for air conditioners remains consistently high during warm seasons.

Low Demand Scenario:

Conversely, during the winter season or in regions with milder climates, the demand for air conditioners decreases. In colder climates, especially during winter when temperatures drop significantly, the need for cooling systems like air conditioners diminishes. People often rely on heating systems instead of cooling, leading to a decline in the demand for air conditioners during these colder months. Additionally, in areas where natural cooling (such as cool ocean breezes) adequately regulates indoor temperatures or in locations with limited access to electricity or infrastructure, the demand for air conditioners might remain low throughout the year.






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