difference between direct demand and indirect demand
Answers
Direct Demand
It is not used for indirect consumption purposes.
Indirect Demand
It is used for indirect consumption purposes such that its demand is dependent on the demand for the commodity in the production of which it would be used
Explanation:
Direct demand:-
*direct demand refer to the demand for a commodity for direct consumption purose.
*it is not used for indirect consumption puroses.
for example, demand for food clothing etc.
indirect demand:-
*indirect demand refer to the demand for a commodity to be used in the production of dome other commodities.
*it is used for indirect consumption puroses such that it's demand is dependent on the demand for the commodity in the production of which it would be used .
for example,a wood is demanded to make furniture then demand for wood is indirect demand.
hope it will helps you