Which of the following are examples of derived demand?
(a) Car and Petrol
(b) Tea and Coffee
(c) Building and Brick
(d) None of these
Answers
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12
Explanation:
Thus the demand for labour is a derived demand from the demand for goods and services. For example, if the demand for a good such as wheat increases, then this leads to an increase in the demand for labour, as well as demand for other factors of production such as fertilizer.
Answered by
13
Answer:
b) tea and coffee
this is an example of derived demand
because tea and coffee we can use these two goods as the intermediate of each other to get a final good
Explanation:
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