The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for business products is
A) joint.
B) economically stable.
C) derived.
D) inelastic.
E) more fluctuating.

Question

Quizplus · Accepted Answer

The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for business products is derived, meaning it is dependent on the demand for the final goods and services being produced.

The Fact That Business Customers Purchase Products to Be Used