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Mekhanik [1.2K]
3 years ago
6

What is Derived Demand ( this is an economics question)

Social Studies
2 answers:
ahrayia [7]3 years ago
7 0
Derived demand<span> is a </span>term<span> used in the economic analysis that describes the </span>demand placed<span> on one good or service as a result of changes in the price for some other related good or service. It is a </span>demand<span> for some physical or intangible thing where a market exists for both related goods and services in question.</span>
4vir4ik [10]3 years ago
6 0
Derived Demand a need or want for a service,commodity,etc.., That is  a consequence of the demand for something else.
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