Ask Question
BusinessBusiness
14 July, 21:58

Derived demand is demand: Group of answer choices

a. from consumers for new goods and services.

b. from manufacturers to find new customers.

c. linked to the production and sale of some other item.

d. as specified by governmental orders.

+1
Answers (1)
  1. 15 July, 00:45
    0
    C) linked to the production and sale of some other item.

    Explanation:

    • Derived demand is an economic term describing the demand for a good/service resulting from the demand for an intermediate or related good/service.

    • Derived demand is solely related to the demand placed on a good or service for its ability to acquire or produce another good or service.

    • The principles behind derived demand work in both directions; if the demand for a good decrease, the demand for the goods required to produce the item will also decrease.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Derived demand is demand: Group of answer choices a. from consumers for new goods and services. b. from manufacturers to find new ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The Sunny Hills school district always has a flood of applicants because of the continuous learning opportunities they provide all employees. Which of the following intangible employee benefits is being described in this scenario? A.
Answers (1)
Jasper is a self-employed businessman. on march 5, 2015 he purchases a personal computer for use at his home. he uses the computer for personal purposes 50 percent of the time and for business use the remainder of the time. the computer cost $2,300.
Answers (1)
Heinz Company began operations on January 1, 2014, and uses the FIFO method in costing its raw material inventory.
Answers (1)
What is the change due if $5.01 is tendered for a charge of $4.21? A. 1.80 B. 0.80 C. 0.20
Answers (1)
A recent study about online shopping asked respondents to indicate their education level on the following scale: "Less than High School," "High School," "Some College," "College+.
Answers (1)
New Questions in Business
The principle prescribing that financial statements reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue is the: A. Going-concern principle B.
Answers (1)
n 2010, the country of Vesey exported goods worth $312 billion and services worth $198 billion. It imported goods worth $525 billion and services worth $255 billion. It sent $1.
Answers (1)
Mohave Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $315,000. The estimated fair values of the assets are land $60,000, building $220,000, and equipment $80,000.
Answers (1)
Responsible boaters use cleaning products that won't harm lakes or rivers. which product is a responsible choice for cleaning your boat
Answers (1)
During a recessionary period, which of the following economic behavior would be expected? Consumer would switch from premium brands to lower-priced ones. Consumer use of credit would increase. Taxes would increase nationally.
Answers (1)
Home » Business » Derived demand is demand: Group of answer choices a. from consumers for new goods and services. b. from manufacturers to find new customers. c. linked to the production and sale of some other item. d. as specified by governmental orders.
Sign Up Forgot Password?