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

3930 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Analyse three consequences of high inflation on individuals in the UK


What is protectionism?


Outline the effects of a lump-sum tax on companies selling cigarettes and who ends up bearing the burden of the tax. You should assume that there was previously no taxation in this market.


What effects aggregate demand and how would it effect the price level of the economy?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning