what is direct demand
Answers
Answer:
Direct and derived demand. Direct demand is the 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. ... It is different from joint demand because it is dependent on the final product to generate a need.
Explanation:
Direct demand refers to the demand for a commodity for direct consumption purposes. ... For example, demand for food, clothing, etc. For example, if a wood is demanded to make furniture then demand for wood is indirect demand.
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Direct and derived demand. Direct demand is the 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. It is different from joint demand because it is dependent on the final product to generate a need.