Latent demand Question 21 options: is unobservable and this is why it is not important. is always higher than hotel supply. equals induced demand plus unaccommodated demand. can be calculated as total demand less induced demand.
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Latent demand refers to the potential demand for a product or service that is not currently being met or observed. It exists when consumers have a desire for a product but are unable to access it or are not currently purchasing it. Show more…
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