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Verdun Windows Is the Canadian Supplier of High-Quality, Energy-Efficient Windows

Question 74

Multiple Choice

Verdun Windows is the Canadian supplier of high-quality, energy-efficient windows for homes and offices.The housing boom in Canada in the late 1990s through the early 2000s resulted in a 500 percent increase in the amount of windows Verdun sold when compared to the period from 1990 to 1993, when the housing market was sluggish.This is an example of:


A) derived demand.
B) competitive demand.
C) latent demand.
D) composite demand.
E) negative demand.

Correct Answer:

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