A commodity is said to have derived demand when it
...A commodity is said to have derived demand when it
Has a joint demand with another commodity
Is demanded by the rich only
Is demanded for immediate consumption
Is demanded because of what it can help to produce
Correct answer is D
No explanation has been provided for this answer.
One of the functions of ECOWAS is to ...
The main problem of the Organization of Petroleum Exporting Countries is how to ...
If the marginal utility of good X exceeds that of good Y, this implies that ...
Public enterprises are established mainly to ...
Where a commodity takes an insignificant proportion of the consumer's income, demand for it will...
Development plans fail in Nigeria mainly because of ...
Which of these factors causes a change in the quantity demanded of a commodity? ...
Market for Garri: At a price of N5, the excess supply is ...