Multiple Choice
AutoParts Inc.is a firm involved in producing various electrical components used in the production of cars.The demand for its products is dependent on the demand for new cars.Which of the following best explains the demand for AutoParts' products?
A) Latent demand
B) Composite demand
C) Negative demand
D) Competitive demand
E) Derived demand
Correct Answer:
Verified
Correct Answer:
Verified
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