Give a a description and an example of a good and a service that exhibit these seasonal demand patterns:
Annual
Monthly
Weekly
Daily
Annual- It is refered as the demand of goods are services which are high annually. Some of the goods are manufactured yearly according to their demand in the market and services also done according to the demand. Examples- Greeting cards, sweaters, christmas trees
Montly- It is refered as the demand of goods or services which have more demand mothly. We know that there would be scheme renewals, pollution check-ups for the vehicles, bank deposits andsome times there would be payments for the examinations, mobile service payments.
Weekly-Demand of gods and services which have more demand weekly. For example grocery items for household purpose, repairs and also weekly hotel registrations.
Daily- Demad of goods and services which have more demand on daily. For example supermarket traffic and also the repairs if necssary.
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