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Demand for one good or service that is determined by demand for another good or service is?
derived demand
Demand for one good or service that is determined by demand for another good or service is .?
derived demand
What is the difference between derived demand and absolute demand?
Derived demand refers to the demand for a good or service that results from the demand for another good or service, typically in a production context. For example, the demand for steel is derived from the demand for automobiles, as steel is a necessary input in their production. In contrast, absolute demand refers to the total demand for a product or service in the market, independent of the demand for other goods. Essentially, derived demand is contingent on the demand for related products, while absolute demand stands alone.
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
What is the amount of a good or service that producers are willing to provide called?
Demand
What is the purpose of technology support?
Technology support serves the purpose of offering one support with their technological devices. It is imperative that a technology service offers support due to the demand.
Demand for one good or service that is determined by demand for another good or service is?
derived demand
Demand for one good or service that is determined by demand for another good or service is .?
derived demand
Definition for ''law of demand''?
In economics, the law of demand states:- As the price of a good or service increases, the demand for that good or service will decrease.- As the price of a good or service decreases, the demand for that good or service will increases.
Which company offers the cheapest international long distance phone service?
3 U TELECOM is the best service because this organization can support the actual demand of usuaries
What are the benefits of having it support services?
As your company grows, their will be a higher demand for your services. Having an I.T. support service will help take the burden of having to satisfy everybody.
How many megawatts does an average city use?
The average city consumes around 100-600 megawatts of electricity, depending on its size, population, and level of industrial activity. The energy demand can vary greatly based on factors such as climate, infrastructure, and economic activities.
What does communication do?
Charter Communications is an internet/cable service which provides you with DVR, On Demand and high speed internet connections. They have a 24/7 tech support, which assists you with your internet/cable troubleshooting.
Do egg donation programs provide any monetary support for the donor?
Because of the infrequency compared to demand, its normal to recieve monetary support. However because of laws, you must be sure your donation is really a paid for "time" service and not a bio service. Get it in writing, to be sure.
Which type of vehicle is in more demand Electric or The normal one?
Electrical vehicle are more in demand
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
Can a parent demand child support if there is no child support order?
You can demand anything that you want to demand, but no one is obligated to comply with your demands, if there is no court order backing you up.
