The demand for polyethylene film used to wrap meat ready for sale is dependent on consumers' demand for meat.This is an example of what type of demand?

Question

Quizplus · Accepted Answer

The demand for the polyethylene film is derived from the demand for meat. As the demand for meat increases or decreases, the demand for the film will also increase or decrease proportionally, making it an example of derived demand. The other options (inelastic, elastic, and joint) relate to the price sensitivity, rather than the source of demand, and are not applicable in this scenario.

The Demand for Polyethylene Film Used to Wrap Meat Ready