Most demand for business-to-business products is ________.

Question

Quizplus · Accepted Answer

- Derived demand: B2B products are purchased for the purpose of producing goods/services that will be sold to consumers. The demand for B2B products is derived from the demand for consumer goods/services.
- Inelastic demand: B2B buyers have less elastic demand because they need to maintain a certain level of production, resulting in a relatively constant demand for inputs even if the price increases.
- Fluctuating demand: B2B demand is influenced by various external factors like economic conditions, technological changes, seasonal variations, etc. that can cause demand to fluctuate.
- Joint demand: B2B buyers need many different inputs to produce their goods/services, so demand for one input is often linked to the demand for related inputs.

Most Demand for Business-To-Business Products Is ________