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The Term "Derived Demand" Refers to

Question 58

Multiple Choice
The term "derived demand" refers to
A)the demand for financial products called derivatives.
B)the demand for a factor of production that is derived from the demand for the good the factor produces.
C)a firm's estimated demand curve derived from sales data.
D)a demand curve that derives from the availability of resources.

The term "derived demand" refers to


A) the demand for financial products called derivatives.
B) the demand for a factor of production that is derived from the demand for the good the factor produces.
C) a firm's estimated demand curve derived from sales data.
D) a demand curve that derives from the availability of resources.

Correct Answer:

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