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    Derived Demand

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    I need help understand What does it mean to say that the demand for resources
    is a derived demand? Is the demand for all goods and
    services a derived demand?

    © BrainMass Inc. brainmass.com October 10, 2019, 2:04 am ad1c9bdddf

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    A demand is called derived demand when this good is used due to producing other goods. For example labour is a derived demand because nobody ...

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    Derived Demand