What Kind of Demand Can Be Derived from a "Parent

question 49

Multiple Choice

What kind of demand can be derived from a "parent" item or can be a component part?

• A)Independent
• B)Dependent
• C)Correlated
• D)Aggregate
• E)Intermittent

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Definitions:

Equivalent Measure

A unit of measurement that corresponds to equivalent amounts in different measurement systems.

Milliliters

A metric unit of volume equal to one thousandth of a liter, commonly used to measure liquids in medical, laboratory, and cooking contexts.

Milliliters

A measurement of capacity in the metric system, equivalent to 0.001 liters, frequently utilized for quantifying liquid substances.

Liter

A unit of volume in the metric system, equal to 1,000 cubic centimeters or approximately 0.26 gallons.