derived demand
noun[CorU]
ukusECONOMICS
demandfor something such as amaterialorskill, that isbasedondemandfor somethingproducedfrom it:
Acarmanufacturerwill have aderiveddemandformanufacturingequipment,components,steel,lubricantsand the like.
Examplesofderived demand
derived demand
The demand for labor services is aderiveddemand, derived from the supply and demand for the firm's products in the goods market.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Deriveddemandrefers to the demand for productive resources, which is derived from the demand for final goods and services or output.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.That is, labour demand is aderiveddemand: it is derived from the output levels in the goods market.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.For example, demand for coal leads toderiveddemandfor mining, as coal must be mined for coal to be consumed.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This is because at peak times there is a large demand for trains, since people want to go home (i.e., aderiveddemand).
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Deriveddemandapplies to both consumers and producers.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Demand for tickets is aderiveddemandfor entertainment.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The interaction between product and factor markets involves the principle ofderiveddemand.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Conversely, when supply for a good or service decreases so does thederiveddemandfor its inputs.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Producers have aderiveddemandfor employees.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.