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What is derived demand?
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Asked 6/28/2012 6:42:20 AM
Updated 77 days ago|5/29/2018 6:04:35 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Masamune [5/29/2018 6:04:20 AM], Confirmed by Masamune [5/29/2018 6:04:22 AM]
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User: What is derived demand?

Weegy: Derived demand is a term in economics, where demand for one good or service occurs as a result of the demand for another intermediate/ final good or service. [ ]
jeifunk|Points 3841|

User: What is joint demand?

Question
Asked 6/28/2012 6:42:20 AM
Updated 77 days ago|5/29/2018 6:04:35 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Masamune [5/29/2018 6:04:20 AM], Confirmed by Masamune [5/29/2018 6:04:22 AM]
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Joint demand is when the demand for one product is directly and positively related to market demand for a related good or service.
Added 77 days ago|5/29/2018 6:04:35 AM
This answer has been confirmed as correct and helpful.
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