Question

what is composite demand?

Answer 1

Composite demand happens when goods or services have more than one use so that an increase in the demand for one product leads to a fall in supply of the other. E.g. milk which can be used for cheese, yoghurts, cream, butter and other products

Answer 2

When goods and services have more than one usera so that an increase in demand for one products leads to fall in supply the other. EX. milk which can use for chesses, yoghurts and cream, butter and other products