Derived Demand Is

question 38

Multiple Choice

Derived demand is

• A) consumer demand for goods and services.
• B) based on the prices of factors of production.
• C) the demand for factors of production directly by business.
• D) the demand for factors of production dependent on consumer demand for output.
• E) calculated for firms.

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Definitions:

Nucl

Likely a shorthand or abbreviation for "nuclear," generally related to fields or substances associated with atomic nuclei, such as in nuclear medicine.

Fluor/o

A combining form used in medical terminology referring to fluoride or fluorine.

Milli-

A prefix in the metric system denoting a factor of one thousandth (0.001).

Ultra-

A prefix used to denote something that is beyond the usual or extreme, often seen in medical terms like "ultrasound," referring to sound waves at frequencies above those audible to humans.