The demand for a resource is a derived demand based on the demand for the product it helps to produce.

Name: The demand for a resource is a derived demand based on the demand for the product it helps to produce.
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Derived demand refers to the demand for a resource that results from the demand for the goods or services it helps to produce. If there is high demand for a product, there will consequently be a high demand for the resources needed to produce that product.

The Demand for a Resource Is a Derived Demand Based