Question:

Give an example of a good and a service that exhibit these seasonal demand patterns:

a. Annual - Demand for “Pumpkin Spice” flavored food and drinks during halloween or fall

season, Christmas trees during Christmas season, Flowers and chocolates for Valentine’s and

Mother’s/Father’s Day cards.

 b. Monthly - Demand for household goods because people do monthly grocery shopping,

renewals of monthly subscriptions, social security checks, bank transactions, and monthly utility

bills such as water, electricity and internet.

c. Weekly - Demand for hotel registration, automotive rentals and automobile traffic.

d. Daily - Demand for retail sales, phone calls, restaurant meals, power usage, public

transportation and classroom utilization.