derived demand

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• Derived demand — is a term in economics, where demand for one good or service occurs as a result of demand for another. This may occur as the former is a part of production of the second. For example, demand for coal leads to derived demand for mining, as coal… …   Wikipedia

• derived demand — ➔ demand * * * derived demand UK US noun [C or U] ► ECONOMICS demand for something such as a material or skill, that is based on demand for something produced from it: »A car manufacturer will have a derived demand for manufacturing equipment,… …   Financial and business terms

• derived demand — noun (economics, marketing, etc) A demand that exists only as a result of another demand • • • Main Entry: ↑derive …   Useful english dictionary

• Derived Demand — A term used in economic analysis that describes the demand placed on one good or service as a result of changes in the price for some other related good or service. It is a demand for some physical or intangible thing where a market exists for… …   Investment dictionary

• derived demand — /dɪˌraɪvd dɪ mɑ:nd/ noun demand for a product because it is needed to produce another product which is in demand …   Marketing dictionary in english

• Joint and derived demand — Joint demand and derived demand are concepts within the field of economics.Joint demand refers to a situation in which the demand for two or more products is interdependent, normally because they are used together. This relationship can be well… …   Wikipedia

• Hicks-Marshall laws of derived demand — In economics, the Hicks Marshall laws of derived demand assert that, other things equal, the own wage elasticity of demand for a category of labor is high under the following conditions: * When the price elasticity of demand for the product being …   Wikipedia

• Demand (economics) — Demand redirects here. For other uses, see Demand (disambiguation). In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability… …   Wikipedia

• demand — an order to comply with an obligation. In business, paying on demand means that the obligation must be satisfied immediately when requested. Glossary of Business Terms The desire to purchase economic goods or services (and the financial ability… …   Financial and business terms

• Demand destruction — is an economic term used to describe a permanent downward shift in the demand curve in the direction of lower demand of a commodity such as energy products, induced by a prolonged period of high prices or constrained supply. In the context of the …   Wikipedia

• demand pacemaker — an implanted pacemaker whose generator stimulus is inhibited for a set interval (refractory period) by a signal derived from depolarization (normal or ectopic), thus minimizing the risk of pacemaker induced ventricular fibrillation …   Medical dictionary