joint demand
competitive demand
derived demand
composite demand
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Discussions (7)
The correct answer is :{C}. Reason : To demand for bread, you have to first demand for flour to bake the bread you are in need of :- flour is a derived demand that you demand for before you get your need {BREAD}
D answer is C becox derived demand is not for immediate consumption but for further production same goes to d factors of production is not meant for immediate consumption but for further production
Pls who is answering these question ,pls m school the answer u give shud be correct so we don't learn d wrong thing
The answere should be C because,One factor of production cannot work on its own.Factors of production are needed not for immediate use but for what they can produce.None of the Factors of Production is competing against one another because they are all needed before production can be completed
