According to the concept of derived demand, sales of resin used to manufacture plastic are most influenced by

Name: According to the concept of derived demand, sales of resin used to manufacture plastic are most influenced by
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a product or service that results from the demand for another product or service. In this case, the demand for resin (used to manufacture plastic) is influenced by the demand from final consumers for plastic products.

According to the Concept of Derived Demand, Sales of Resin