Question

what is derived demand ?​

Answer 1

Explanation:

In economics, derived demand is demand for a factor of production or intermediate good that occurs as a result of the demand for another intermediate or final good. In essence, the demand for, say, a factor of production by a firm is dependent on the demand by consumers for the product produced by the firm

Answer 2

❥ A᭄nswer✭࿐

A demand for a commodity, service, etc. which is a consequence of the demand for something else.