A commodity is said to have derived demand when it?

By: |Published on: May 26|Categories: Economics WAEC| 0 comments

A. has a joint demand with another commodity
B. is demanded by the rich only
C. is demanded for immediate consumption
D. is demanded because of what it can help to produce

Correct Answer: Option D

D. is demanded because of what it can help to produce

Users Also Read These:

SEE ALSO  Abstention from consumption enables capital to be produced. Such abstention is called?

Copyright warnings! Do not copy.