Multiple Choice
The term "derived demand" refers to the idea that a change in the
A) demand for one good, say, tennis racquets, will affect the demand for related goods, say, tennis balls.
B) demand for a good is affected by the supply of that good.
C) demand for a good will affect the demand for the factors used to produce that good.
D) supply of a factor will affect the demand for that factor.
Correct Answer:

Verified
Correct Answer:
Verified
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