Inland Eastex Inc. manufactures paper that is used for printing covers for different types and sizes of magazines. The percentage of magazine sales determines how much paper Inland Eastex will produce each year. This is an example of__________demand

Fill in the blanks with correct word.

ANSWER: derived

Inland Eastex Inc. manufactures paper for magazines depending on the demand for each magazine. This is an example of derived demand. The demand for business products is called derived demand because organizations buy products to be used in producing their customers' products.

Business

You might also like to view...

Most successful supervisory management personnel display two important dimensions of effective leadership: ________ and ________

Fill in the blanks with correct word

Business

In stable environments, any distraction of a firm's resources or managerial time can have serious

consequences. Indicate whether the statement is true or false

Business