derived demand


derived demand
derived demand noun (economics, marketing, etc)
A demand that exists only as a result of another demand
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Main Entry:derive

Useful english dictionary. 2012.

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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

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  • 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

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  • 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

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  • 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