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if the commodities are of derived demand, then, how can aa increase in demand for cement affect the price of cement blocks?
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Question
Asked 1/27/2009 4:09:20 PM
Updated 37 days ago|12/15/2025 9:41:21 AM
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if the commodities are of derived demand, then, how can aa increase in demand for cement affect the price of cement blocks?
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User:
if the commodities are of derived demand, then, how can aa increase in demand for cement affect the price of cement blocks?
Weegy:
As there is an increase in the demand for cement there should be a decrease in price. Is there anything else I can assist you with?
Expert answered|tchimney|Points 65|Rating * (+13 -5)
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Question
Asked 1/27/2009 4:09:20 PM
Updated 37 days ago|12/15/2025 9:41:21 AM
1 Answer/Comment
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cruz30
If cement blocks are of derived demand from cement, an increase in demand for cement will raise the cost of cement, which in turn will likely increase the price of cement blocks.
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Added 37 days ago|12/15/2025 9:41:21 AM
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Questions asked by the same visitor
pls what will happen to the price of cement blocks if there is an increase in the demand for cement?
Weegy:
As there is an increase in the demand for cement there should be a decrease in price
User:
here, price did not cause the change.
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Question
Expert Answered
Updated 37 days ago|12/15/2025 9:39:59 AM
1 Answer/Comment
3
cruz30
If there is an increase in the demand for cement, the price of cement blocks will likely rise due to higher demand and limited supply.
Added 37 days ago|12/15/2025 9:39:46 AM
This answer has been confirmed as correct and helpful.
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