competitive demand
composite demand
effective demand
joint demand
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Discussions (7)
The answer isnt in the options. The answer should be derived demand cuz derived demand is demanded for that which it can produced and not for it's own sake.
Commodity being demanded to aid d production of diverse goods(by-product) is called composite demand. The answer to the question is "derived demand" not in d options
The correct answer is D. joint demand.
Joint demand refers to the demand for a commodity or input because of its usefulness or yield in producing other goods or services. For example, demand for seeds, fertilizers, or machinery is joint demand, as they are used to produce other products like crops or manufactured goods.
In joint demand, the commodity is valued for its yield or output, making it a derived demand, unlike competitive, composite, or effective demand, which are driven by direct consumption or utility. so if you like continue following their answers
