Answers>Economics>A Level>Article

Define the term ‘derived demand’

The demand for a good or service reulting from or leads to the demand for another good or service.

LL

Answered by Luckksha L. • Economics tutor

4607 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain how government policies can reduce the natural rate of unemployment

What are the characteristics of perfect competition?

Explain the term 'recession' and analyse two possible causes of a recession.

What is producer surplus and when might it change?