Derived Demand Means the Demand for Industrial Products and Services

question 10

Multiple Choice

Derived demand means the demand for industrial products and services is driven by, or derived, from

• A)NAICS statistical models.
• B)the Gross National Product.
• C)demand for consumer goods and services.
• D)demand for industrial goods.
• E)the GNP index.

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Definitions:

Punishment

A consequence or penalty imposed for a perceived or actual offense, intended to reduce or eliminate undesirable behaviors.

Classical Conditioning

An educational process that unfolds by linking an external stimulus with a naturally happening stimulus, which results in a conditioned response.

Classical Conditioning

is a learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Classical Conditioning

A method of learning that involves forming connections between stimuli in the environment and those that occur naturally.