Question

During late summer and early fall, there is a large demand for containers in Asia that are used to ship consumer products from Asia to the United States in time for the holiday selling season. The demand for these containers is referred to as __________ demand.

Answer 1

Answer:

Is referred to as derived demand.

Explanation:

Derived demand means that the demand for a factor of production or intermediate good (or service) is driven by or derived from, demand for consumer products and services. In this case, the demand for containers is a result of the demand for goods manufactured in Asia