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

4667 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What are the key components of Aggregate Demand?

Why have inequalities increased in recent years?

Economics A-Level: What is the difference between traditional economic theory and the new approach to behavioural eocnomics?

What is price discrimination?