English, asked by shubham68711, 3 months ago

Transport is a derived demand. Explain

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Answered by Anonymous

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✍️ANSWER ✍️

Transport is a derived demand :

The demand for transport is a derived demand, an economic term, which refers to demand for one good or service in one sector occurring as a result of demand from another. Users of transport are primarily consuming the service not because of its direct benefits, but because they wish to access other services.

Answered by Anonymous

8

Answer:

The demand for transport is a derived demand, an economic term, which refers to demand for one good or service in one sector occurring as a result of demand from another. Users of transport are primarily consuming the service not because of its direct benefits, but because they wish to access other services.

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