An Example of Derived Demand in the Auto Industry Is

question 83

Multiple Choice

An example of derived demand in the auto industry is the demand for

• A) new automobiles.
• B) used automobiles.
• C) auto workers.
• D) drivers' insurance.

---

Definitions:

Neutral

Not taking sides in a conflict or dispute; impartial.

Electrical Charge

A physical property of matter that causes it to experience a force when placed in an electromagnetic field, with two types: positive and negative.

CO₂

Carbon dioxide, a colorless, odorless gas produced by burning carbon and organic compounds and by respiration.

Midline

An imaginary line that divides the body into equal right and left halves.