Verdun Windows is the Canadian supplier of high-quality, energy-efficient windows for homes and offices.The housing boom in Canada in the late 1990s through the early 2000s resulted in a 500 percent increase in the amount of windows Verdun sold when compared to the period from 1990 to 1993, when the housing market was sluggish.This is an example of:

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a product or service that arises from the demand for another product or service. In this case, the demand for windows increased due to the housing boom, which increased the demand for new homes.

Verdun Windows Is the Canadian Supplier of High-Quality, Energy-Efficient Windows