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Demand

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Question 22

Which of the following is an example of derived demand?

A reduction in the price of smart coffee machines leads to an increase in the sales of compatible coffee pods.

An increase in the price of beef leads consumers to purchase more chicken.

A rise in the demand for online home-delivery services leads to an increase in the demand for warehouse delivery drivers.

An increase in the demand for timber to build new houses limits the supply of timber available for paper manufacturing.

Demand Questions

  1. A Level
  2. /Economics
  3. /Demand