Question

define of derived demand​

Answer 1

Answer:

a demand for a commodity, service, etc. which is a consequence of the demand for something else

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. It is a demand for some physical or intangible thing where a market exists for both related goods and services in question.

Answer 2

Answer:

a demand for a commodity,service etc.which is a consequence of the demand for something else.

Explanation:

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