The concept of derived demand means that,for example,the demand for cotton pickers is determined from the demand for clothing made of cotton.

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Derived demand refers to the demand for a factor of production, such as labor, which is derived from the demand for the goods or services that the factor helps to produce. In the example given, the demand for cotton pickers is derived from the demand for clothing made of cotton, as the pickers are necessary to produce the cotton used in clothing manufacturing.

The Concept of Derived Demand Means That,for Example,the Demand for Cotton