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.

Answered by Luckksha L. • Economics tutor

3768 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

The price of a banana has increased from £0.10 to £0.20. As a result quantity demanded of apples increased from 2.4 million units to 3.6 million units. Calculate the cross price elasticity of demand and interpret the value..

What is the difference between accounting and economic profit?

How do I provide a good evaluation point for something I agree with?

Distinguish between positive and normative statements

Popular Requests

Maths tutor Chemistry tutor Physics tutor Biology tutor English tutor GCSE tutors A level tutors IB tutors Physics & Maths tutors Chemistry & Maths tutors GCSE Maths tutors

CLICK CEOP

Internet Safety

Payment Security

Cyber

Essentials

MyTutor is part of the IXL family of brands:

IXL

Comprehensive K-12 personalized learning

Rosetta Stone

Immersive learning for 25 languages

Wyzant

Trusted tutors for 300 subjects

Education.com

35,000 worksheets, games, and lesson plans

Vocabulary.com

Adaptive learning for English vocabulary

Emmersion

Fast and accurate language certification

Thesaurus.com

Essential reference for synonyms and antonyms

Dictionary.com

Comprehensive resource for word definitions and usage

SpanishDictionary.com

Spanish-English dictionary, translator, and learning resources

FrenchDictionary.com

French-English dictionary, translator, and learning

Ingles.com

Diccionario ingles-espanol, traductor y sitio de apremdizaje

ABCya

Fun educational games for kids