Economics WAEC

The demand for a commodity not directly for immediate consumption but for the production of another commodity is?

A. competitive demand
B. derived demand
C. composite demand
D. joint demand

Correct Answer: Option B

B. derived demand

Sunday

Share
Published by
Sunday
Tags: economics
5 years ago

Recent Posts

CHE 212 Theory Questions: Comparison of Muscle Types and Contraction Mechanism

200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

45 mins ago

CHE 212 Theory Questions: Gross Structure and Functions of Bone

200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

52 mins ago

CHE 212 Theory Questions: Respiratory System Structure and Function

200 Level Department of Community Health exam questions and detailed answers. Download the answers in document…

57 mins ago

BPH 111 Theory Questions: Principle of Conservation of Energy and Energy Concepts

100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

2 hours ago

BPH 111 Theory Questions: Melting vs Vaporization: Phase Changes and Heat Energy Calculations

100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

2 hours ago

BPH 111 Theory Questions: Thermal Conductivity and Heat Transfer Mechanisms

100 Level Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

2 hours ago