Aging of the Canadian population has been leading to an increased demand for condominiums. From the standpoint of the construction material suppliers, which of the following demand forms is most pertinent?

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a product that results from the demand for another product or service. In this case, the increased demand for condominiums is leading to an increased demand for construction materials needed to build them, making derived demand the most pertinent demand form for construction material suppliers.

Aging of the Canadian Population Has Been Leading to an Increased