WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

The latent demand for net, lace, and voile curtains is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market.

For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units used in this report are U.S....

Panel Size: 60''W x 84''L Available Color: Black,white,beige,pink,Sage,red,gold,taupe,burgundy. One scarf over two panels shown in image. It contains only one panel. You need to buy scarf separately. Fabric Content: 100% Polyester Care Instructions: Machine wash, warm water, gentle cycle. Do not bleach.Line dry. Warm iron if necessary.  

The material is not as soft as other sheer, so it can make the shape more stable. Extra panels could be purchased if one panel is not enough for your window. Has pocket and are ready for curtain rods to hang through. They are new in excellent condition. I have pink and purple color, please visit my other auction for the pink one.

Panel Size: 60''W x 84''L Available Color: Black,white,beige,pink,Sage,red,gold,taupe,burgundy. One scarf over two panels shown in image. It contains only one panel. You need to buy scarf separately.Fabric Content: 100% Polyester Care Instructions: Machine wash, warm water, gentle cycle. Do not bleach.Line dry. Warm iron if necessary.  

POLYESTER. HAND WASH. IMPORTED.a.  SHEER TOGA VALANCE:  44" WIDTH x 27" LENGTHb. SHEER SCARF VALANCE WITH BEADED FRINGE AND SATIN VALANCE:  40" WIDTH x144" LENGTH.c.  SHEER SCARF VALANCE WITH BEADED FRINGE AND SATIN VALANCE:  40" WIDTH x 216" LENGTH.d.  SHEER SCARF VALANCE WITH BEADED FRINGE AND SATIN VALANCE:  40" WIDTH x 288" LENGTHe.  SHEER ASCOT VALANCE:  50" WIDTH x 20" LENGTHf.  SHEER DOOR PANEL:  60" WIDTH X 40, 54, 63, 72" LENGTH 

These unique decorative tab top cotton voile sheer curtain panels are the perfect accent for a stylish yet relaxed living room, country cottage, bedroom, kitchen or bathroom window. This tab top curtain is printed on voile; a soft, light, gossamer cotton weave, with wonderful light filtering properties that incredibly, also provides much needed privacy.

Each curtain is 63 inch long and 46 inch wide and is printed on preshrunk, superior grade, soft cotton voile and is exquisitely finished with 5, 4-inch tabs (included in the panel length) on the top for easy hanging. Also comes with a color-matched tieback.

Each piece is handcrafted using intricately hand carved wooden blocks and is an original work of art distinguished by the work of the artisan, the particular lot of dye, and even varying weather conditions. Tonal variations are inherent to the block printing process and enhance the individuality, character and uniqueness of each creation

About this design: Midnight Lotus: Envision a lotus pond at midnight - replete with ethereal white lotus blossoms, sinuously intertwined, floating gently on deep cobalt blue waters. The lotus enjoys rich material and spiritual symbolism in Indias arts, religions and systems of thought. The lotus, in which the gods discovered their grace and majesty; artists the subtlest expression of beauty; and mystics, dimensions of mysticism and intricate cosmic existence; is the primary flower of India. Since the lotus blooms from the underworld into light, the lotus motif is symbolically associated with transcending of mans spirit over worldly matters

These unique decorative tab top cotton voile sheer curtain panels are the perfect accent for a stylish yet relaxed living room, country cottage, bedroom, kitchen or bathroom window. This tab top curtain is printed on hand loomed fabric characterized by a fine, checkered weave that provides wonderful light filtering properties and incredibly, also much needed privacy.

Each curtain is 84 inch long and 46 inch wide and is printed on preshrunk, superior grade, soft cotton voile and is exquisitely finished with 5, 4-inch tabs (included in the panel length) on the top for easy hanging. Also comes with a color-matched tieback.

Each piece is handcrafted using intricately hand carved wooden blocks and is an original work of art distinguished by the work of the artisan, the particular lot of dye, and even varying weather conditions. Tonal variations are inherent to the block printing process and enhance the individuality, character and uniqueness of each creation

About this design: Tulip Mist: Tulip Mist is an elegant, gossamer confection of stylized cream tulips printed on gauzy, milky white hand loomed "Kota Doria" fabric. Touched with the delicate scent of wet foliage and rain drenched earth, a bouquet of tulips gently lifts the mist that shrouds the cold dark days of winter and heralds the breathtaking exuberance of spring.

Kota Doria: Named after Kota, in southern Rajasthan India, where it originated, Kota Doria is a hand loomed fabric that is characterized by a fine, checkered weave. The fabric is woven on pit looms employing the throw shuttle technique. The entire weaving process is devoid of mechanization. All processes from winding and warping the yarn to weaving the fabric are done by hand.

These unique decorative tab top cotton voile sheer curtain panels are the perfect accent for a stylish yet relaxed living room, country cottage, bedroom, kitchen or bathroom window. This tab top curtain is printed on voile; a soft, light, gossamer cotton weave, with wonderful light filtering properties that incredibly, also provides much needed privacy.

Each curtain is 84 inch long and 46 inch wide and is printed on preshrunk, superior grade, soft cotton voile and is exquisitely finished with 5, 4-inch tabs (included in the panel length) on the top for easy hanging. Also comes with a color-matched tieback.

Each piece is handcrafted using intricately hand carved wooden blocks and is an original work of art distinguished by the work of the artisan, the particular lot of dye, and even varying weather conditions. Tonal variations are inherent to the block printing process and enhance the individuality, character and uniqueness of each creation

About this design: Paisley Au Lait: Bathed in light and touched by shadows this stunning black and white composition is the perfect balance between opulence and elegance. Its magnificient form includes a striking contrast of regal black paisley motifs audaciously afloat on a radiant milky white ground, illuminated by opalascent light.

Generously sized 60" X 84" panel. Hangs beautifully. Machine washable