Derived Demand Is Demand That Is Derived from Consumer Tastes

question 75

True/False

Derived demand is demand that is derived from consumer tastes, preferences, and incomes.

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Definitions:

Beatrix Gardner

A psychologist known for her work with sign language in non-human primates, particularly with a chimpanzee named Washoe.

David Premack

A psychologist known for the Premack Principle, which suggests that more probable behaviors can reinforce less probable behaviors.

Herbert Terrace

A psychologist known for his work in animal cognition, especially in language learning in chimpanzees.

Native-born Americans

Individuals born in the United States, as opposed to those who have immigrated and obtained citizenship.