Demand for business products is characterized as derived. From what is the demand derived?
A) Industrial demand
B) Modified demand
C) Demand for consumer products
D) Future product demand
E) The business cycle

Question

Quizplus · Accepted Answer

The demand for business products is derived from the demand for consumer products, as businesses purchase goods or services to produce other goods or services that consumers ultimately buy.

Demand for Business Products Is Characterized as Derived