Which of the following is not an example of a derived demand?
A)As more high school graduates go on to college, more professors are hired.
B)As consumers buy more computers, they demand more powerful computers.
C)As more people want haircuts in the summer, more people become barbers.
D)As people buy more tennis shoes instead of sandals, they buy more shoelaces.
E)Increased demand for overnight delivery speeds up orders for new delivery trucks.

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for goods and services that arises from the demand for another good or service. In choice B, the demand for more powerful computers is a direct demand for a specific type of product, not a demand derived from the need for another product or service.

Which of the Following Is Not an Example of a Derived