Economy, asked by archanarawat8075, 6 months ago

distinguish between direct demand and derived demnd​

Answers

Answered by Anonymous
1

Answer:

Direct demand is demand for a final good. Food, clothing and cell phones are an example of this. Also called autonomous demand, it's independent of the demand for other products. Derived demand is the demand for a product that comes from the usage of others

Answered by TheRiskyGuy
1

Answer:

When the goods and services are demanded by consumers to satisfy their wants directly, such demand is called direct demand. Direct demand comes from the consumers for direct consumption. depends on utility, price, income, taste, preference, and habits etc.

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