The demand for carpenters needed to build houses represents a
A) direct demand.
B) derived demand.
C) marginal demand/cost for input.
D) supplied demand.
E) directed supply.

Question

Quizplus · Accepted Answer

The demand for carpenters to build houses is a derived demand because it is not due to a consumer's desire for carpenters themselves, but rather their need for houses, which involve carpentry work.

The Demand for Carpenters Needed to Build Houses Represents a