The demand for raw materials and semifinished goods purchased by business firms in B2B markets is:
A) derived.
B) competitive.
C) latent.
D) composite.
E) negative.

Question

Quizplus · Accepted Answer

The demand for raw materials and semifinished goods purchased by business firms in B2B markets is derived, meaning it is based on the demand for the final products these firms produce.

The Demand for Raw Materials and Semifinished Goods Purchased by Business