The Fact That the Demand for Business Products Depends a Lot

question 62

Multiple Choice

The fact that the demand for business products depends a lot on the demand for final consumer products is called:

• A) primary demand.
• B) derived demand.
• C) diminishing demand.
• D) elastic demand.
• E) secured demand.

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Definitions:

Motivation Theorists

Scholars and psychologists who study and explain the psychological processes that trigger, direct, and sustain human behavior towards attaining a goal.

Internal State

The condition or situation of an individual's inner self, typically referring to mental, emotional, or physiological status.

Equilibrium

A state of balance or stability, where different elements are in harmonious or stable proportions.

Tension

The state of being stretched tight, which can refer to physical objects or a psychological state of stress or anxiety.