An increase in the demand for butter reduces the demand for margarine, this type of...

Economics

WAEC 2002

An increase in the demand for butter reduces the demand for margarine, this type of demand is called

A. competitive demand
B. elastic demand
C. derived demand
D. composite demand

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Correct Answer: Option A

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An increase in the demand for butter reduces the demand for margarine, this type of...

Correct Answer: Option A

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