Derived demand is the demand:
A)that arises because of monopoly control of resources in a market.
B)for a product based on the tastes and preferences of consumers.
C)derived from consumer satisfaction with a product.
D)for a resource to produce a product.
Answer:D
Derived demand is the demand:
A)that arises because of monopoly control of resources in a market. B)for a product based on the tastes and preferences of consumers. C)derived from consumer satisfaction with a product. D)for a resource to produce a product.