A rifle manufacturer needs muzzles,trigger mechanisms,and wooden gunstocks to produce rifles.Without these items the manufacturer cannot produce its rifles and will reduce its demand for trigger mechanisms and gunstocks if suppliers are unable to sell the muzzles it needs.This is an example of demand.

Question

Quizplus · Accepted Answer

This is an example of joint demand, where the demand for one product is directly linked to the demand for another product. In this case, the demand for muzzles, trigger mechanisms, and gunstocks are interdependent because they are all necessary components to produce rifles.

A Rifle Manufacturer Needs Muzzles,trigger Mechanisms,and Wooden Gunstocks to Produce