Which of these products and services would be most likely to have dependent demand?
A) Automobiles
B) Frozen vegetables
C) Flowers
D) Lumber
E) None of the choices

Question

Quizplus · Accepted Answer

Dependent demand refers to the demand for a product or component that depends on the demand for another product. In the case of automobiles, there is dependent demand for various components such as engines, tires, and seats. The demand for these components is directly related to the demand for automobiles.

Which of These Products and Services Would Be Most Likely