Derived Demand Refers to

question 23

Multiple Choice

Derived demand refers to

• A)demand curves derived from utility functions
• B)an individual demand curve estimated from a market demand curve
• C)a market demand curve estimated from individual demand curves
• D)demand for a resource derived from the demand for the product produced by that resource
• E)demand for a product derived from the demand for the resource used to make that product

---

Definitions:

Antipoverty Programs

Governmental or non-governmental initiatives designed to reduce or eliminate poverty through various means such as direct aid, education, and job creation.

Antiracism Movements

Initiatives and efforts aimed at combating and ending racism in all its forms, promoting racial equity and justice.

Democratic Party

One of the two major contemporary political parties in the United States, historically associated with progressive policies, labor unions, and civil rights movements.

Private Safety Net

Systems or services provided by non-governmental entities aimed at offering protection and assistance to individuals or groups in need.