________ occurs when two or more goods are necessary to create a product.
A) Inelastic demand
B) Fluctuating demand
C) Joint demand
D) Elastic demand
E) Economic demand

Question

Quizplus · Accepted Answer

Joint demand occurs when two or more goods are required to create a product. For example, gasoline and oil are jointly demanded to run a car. The demand for one good is dependent on the demand for the other good.

________ Occurs When Two or More Goods Are Necessary to Create