Which of these products and services would be most likely to have dependent demand?
A)Automobiles
B)Frozen vegetables
C)Flowers
D)Lumber
E)Gasoline

Question

Quizplus · Accepted Answer

Automobiles have dependent demand because the demand for auto parts, such as tires, brakes, and engines, depends on the production and sale of automobiles. The production of these parts is linked to the production of the final product (automobiles) and is directly proportional to the demand for automobiles. As the demand for automobiles increases, so does the demand for the associated parts, and vice versa.

Which of These Products and Services Would Be Most Likely