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      Question

      An Increase in the need for wood because of the increase

      in the need for furniture is the example of
      A Composite Demand Correct Answer Incorrect Answer
      B Joint Demand Correct Answer Incorrect Answer
      C Price Demand Correct Answer Incorrect Answer
      D Derived Demand Correct Answer Incorrect Answer

      Solution

      Derived demand is defined as when the want for one good or service happens because of the want for another good or service.┬а

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