Question

    Demand for goods which are needed for further production

    is called as
    A Derived Demand Correct Answer Incorrect Answer
    B Autonomous demand Correct Answer Incorrect Answer
    C Direct Demand Correct Answer Incorrect Answer
    D All of these Correct Answer Incorrect Answer

    Solution

    The demand for goods which are needed in order to produce finished goods is called indirect demand. Indirect demand is also called as derived demand.

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