In placing an order with the tire manufacturing company Cratus, South Side Industrial Supply finds that the price for the truck tires it is ordering has increased by $37.50, since its last order. South Side places the order with the confident that it can pass on the price increase to its future customers. This is an example of business products having a(n) demand.
A) derived
B) inelastic
C) joint
D) fluctuating
E) higher
Correct Answer:
Verified
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