Which of the following is not an example of derived demand?
A)Increased interest in gardening during the spring leading to an increase in the demand for hoes and shovels
B)Strong ticket sales for a concert causing the producers to schedule an extra show and demand more ushers
C)Increased use of robots leading to a decrease in the demand for labor
D)The development of alternative fuels made from corn leading to an increase in the demand for corn
E)Increasing demand for music leading to the construction of more recording studios

Question

​Which of the following is not an example of derived demand?
A)Increased interest in gardening during the spring leading to an increase in the demand for hoes and shovels
B)Strong ticket sales for a concert causing the producers to schedule an extra show and demand more ushers
C)Increased use of robots leading to a decrease in the demand for labor
D)The development of alternative fuels made from corn leading to an increase in the demand for corn
E)Increasing demand for music leading to the construction of more recording studios

Quizplus · Accepted Answer

Derived demand occurs when the demand for one good or service occurs as a result of the demand for another. In option C, the increased use of robots leads to a decrease in demand for labor, which is not an example of derived demand.

​Which of the Following Is Not an Example of Derived

Which of the Following Is Not an Example of Derived