Jeans are very popular among North American teenagers.To meet the increasing demand for jeans, VogueJeans Inc., a popular jeans manufacturer, decides to purchase more raw materials from its suppliers to manufacture its jeans.This increased demand for raw materials caused by an increased demand for jeans is referred to as:
A) competitive demand.
B) negative demand.
C) derived demand.
D) latent demand.
E) composite demand.
Correct Answer:
Verified
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