Palm trees, of which more than 2,000 species exist, are grouped botanically with grasses, sedges, bamboo, grains, lilies, onions, and orchids. In fact, as it turns out, a palm tree has more in common genetically with turf grass or corn than it has with an oak tree!
MAXIMUM DEMAND. Maximum demand is the highest level of electrical demand monitored in a particular period usually for a month period. In this section you will find information regarding Maximum Demand, such as why TNB charges for it, and how you can calculate your MD.
Inelastic demand is one of three types of demand elasticity. It describes the responsiveness of demand to price changes. The other two types are: Elastic demand: When the quantity demanded changes more than the price does.