When certain consumer products are in high demand,producers might buy extra materials and equipment and when demand subsides,producers will cut back on their material purchases.This describes ____ demand.
A)joint
B)inelastic
C)consumer
D)fluctuating
E)derived

Question

Quizplus · Accepted Answer

Fluctuating demand refers to changes in the level of demand for a product based on factors such as seasonality, trends, or economic conditions. In this case, the producer adjusts their material purchases based on the level of demand for their product.

When Certain Consumer Products Are in High Demand,producers Might Buy