The relationship between consumer demand for products and demand for B-to-B products is said to be _______________.

Question

Quizplus · Accepted Answer

The relationship between consumer demand for products and demand for B-to-B products is known as derived demand. This means that the demand for B-to-B products is based on the demand for consumer goods, as businesses need these products to produce their own goods or services. Therefore, the correct answer is C. A, B, D, and E are not correct, as upward sloping and downward sloping demands refer to changes in price and quantity demanded, and equal demand is not a valid economic concept.

The Relationship Between Consumer Demand for Products and Demand for B-To-B