Swiss specialty chemical company Ciba is the primary producer of the chemical triclosan, the antibacterial agent in many household products such as liquid soap. Consumers may have heard about research suggesting environmental and health risks associated with the cumulative effects of antibacterial agents. Changing consumer purchases provide an example of ________ demand for Ciba's triclosan product.

Question

Quizplus · Accepted Answer

Derived demand refers to the demand for a product that is dependent on the demand for another product. In this case, the demand for Ciba's triclosan is derived from the demand for household products that contain it.

Swiss Specialty Chemical Company Ciba Is the Primary Producer of the Chemical