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 marshmallow, cream-filled, and oatmeal cookies, wafers, toaster pastries, ice cream cones and cups excluding frozen types 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 q
There are dozens of similar servers for Warhammer Online: Age of Reckoning, and it usually does not matter which one you choose. However, they do fall into four general categories or rulesets which can significantly change your gaming experience.
First of all, there's "Core" servers. On Core servers RvR (realm versus realm) combat is limited so you can only fight in lakes and various Scenarios. In other areas, the forces of Order and Destruction can clash only if they are RvR flagged, which you can do by typing the following command in your chat window: /rvr.
On "Open RvR" servers you can engage in combat with the opposing force anywhere you wish, except for Tier 1 Chapter areas, surrounding PvE (player versus environment) content and capital cities. It adds another dimension to the game, since you have to be on a constant lookout for enemy players: if you're not paying attention, you can easily die before you know it. Additionally, if you enter an area which is two tiers below your level you will be turned into a chicken which makes you an extremely easy kill.
If you don't like the constant slaughtering or don't want to watch your back all the time, I suggest picking a different server ruleset.
"Roleplay" (RP) and "Roleplay/Open RvR" mostly follow the rules of previous server rulesets, however they also have special rules which players must follow. These RP servers are for those players who want to take the game to another level and fully immerse themselves into their Warhammer character and lore. Role-Playing servers give players the chance to develop their characters with a backstory who do not simply progress from quest to quest, but instead assist or hamper the efforts of others for reasons of their own.
I hope this article explains the variety of server types in Warhammer Online: Age of Reckoning and helps you choose the one you like.
If you want to learn more about Warhammer online, I recommend getting this Warhammer strategy guide which will answer all your questions.
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