Answered: Wood is demanded for making Table,…

Wood is demanded for making Table, chair, beds. This demand is known as: Composite demand Cross demand Derived demand Income demand

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter3: Market Demand And Supply

Section: Chapter Questions

Problem 18SQ

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Question

Wood is demanded for making Table, chair, beds. This demand is known as:
Composite demand
Cross demand
Derived demand
Income demand

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