Because of successful marketing by the NHL,hockey is now becoming a wildly popular sport among young athletes and hockey games around the country are often sold out.This,in turn,has sparked demand for hockey gear and clothing.This is an example of

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a good that arises from the demand for another good or service. In this case, the demand for hockey gear and clothing arises from the increasing popularity of hockey as a sport, which is the primary demand.

Because of Successful Marketing by the NHL,hockey Is Now Becoming