One of the mysteries of the English language finally explained.
A demand for a commodity, service, etc. which is a consequence of the demand for something else.
- ‘Thus it can be argued that the demand for economics courses is a derived demand.’
- ‘The demand for electronic components is a derived demand.’
- ‘Therefore, the demand for transportation service is a derived demand and, in part, based on the demands and supplies of agricultural products.’
- ‘Because the demand for stevedoring services is a derived demand, the elasticity of demand is small.’
- ‘This is because the demand for labour is a derived demand, dependent on the marginal revenue product of the output of labour inputs to the production process.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.