Concert Staging Co. provides the stage, roof system, lighting, and sound for outdoor concerts and theatrical events. The number of concert and theater events sponsored by various organizations determines how many times the company is hired to provide its services, which often depends on consumer willingness to buy event tickets. Demand for the services provided by Concert Staging Co. is considered
A) derived.
B) unitized.
C) industrial.
D) applied.
E) reseller.

Question

Quizplus · Accepted Answer

The demand for Concert Staging Co.'s services is derived because it depends on the demand for the concerts and theater events themselves, which is influenced by consumer willingness to purchase tickets.