Define the term ‘derived demand’

The demand for a good or service reulting from or leads to the demand for another good or service. 

LL
Answered by Luckksha L. Economics tutor

4157 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Should the government intervene in cases of market failure


What is a simple definition of Keynes' sticky prices theory?


Explain the 'Economic Problem' and how this closely links to the principles of demand and supply and how this ultimately determines the price of goods.


What is a public good?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning