Economy, asked by prafulwankhad2004, 10 months ago

State example for competitive demand​

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Answered by sangamsurendras
0

Answer:

Competitive Demand - This refers to demand of products which are close substitutes of each other. For example, tea and coffee. Derived Demand - When the demand of a product is derived from the demand of any other product, such a demand is called derived demand. For example, cement.

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Answered by uray002
0

Answer:

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Competitive Demand - This refers to demand of products which are close substitutes of each other. For example, tea and coffee. Derived Demand - When the demand of a product is derived from the demand of any other product, such a demand is called derived demand. For example, cement.

Explanation:

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