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    Question

    The Demand goods which are related to the demand for

    other goods are called
    A Market Demand Correct Answer Incorrect Answer
    B Individual Demand Correct Answer Incorrect Answer
    C Derived Demand Correct Answer Incorrect Answer
    D Composite Demand Correct Answer Incorrect Answer

    Solution

    The demand for goods that are related to or derived from the demand for other goods is known as derived demand. For instance, the demand for raw materials might be derived from the demand for finished goods produced from those materials.

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