The point in time when a significant number of customers desire the same service simultaneously is known as:
A) peak demand.
B) preferred demand.
C) composite demand.
D) derived demand.
E) competitive demand.

Question

Quizplus · Accepted Answer

Peak demand refers to the time period when the demand for a service or product is at its highest, often due to a large number of customers wanting the service simultaneously.

The Point in Time When a Significant Number of Customers