Derived Demand Refers to

Multiple Choice

Derived demand refers to

A) the demand for consumer products and services that is driven by excess inventory of manufacturers, distributors, or suppliers.
B) the demand for industrial products and services that is driven by demand for consumer products and services.
C) the formula used to determine the greatest number of potential buyers based upon the lowest price they would be willing to pay.
D) the point on a demand curve where supply and demand intersect.
E) the formula used to determine which element of the marketing mix has the greatest impact on increases or decreases in demand.