Consumer demand has dramatically increased for home-based solar panels. As a result, manufacturers are seeing increased demand for the raw materials and components to construct the solar panels. This type of demand is known as:
A)eco-friendly
B)derived
C)direct
D)indirect

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a product or service that is a result of the demand for another product or service. In this case, the demand for raw materials and components to construct solar panels is derived from the increased demand for home-based solar panels by consumers.

Consumer Demand Has Dramatically Increased for Home-Based Solar Panels