Which of the Following Most Clearly Illustrates the Concept of "Derived

question 80

Multiple Choice

Which of the following most clearly illustrates the concept of "derived demand"?

• A) An increase in the price of steak causes the demand for poultry to increase.
• B) As the price of coffee increases, the quantity demanded for coffee declines.
• C) A boom in the housing market leads to an increase in the demand for lumber and electricians.
• D) An increase in beer advertising on television leads to an increase in per capita beer consumption.