Derived demand occurs when marketers contrive or collude to create demand for products and services.

Name: Derived demand occurs when marketers contrive or collude to create demand for products and services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a particular product or service that arises from the demand for another product or service. It is not contrived or colluded by marketers, but rather a natural result of market forces and consumer behavior.

Derived Demand Occurs When Marketers Contrive or Collude to Create