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Zorluk: OrtaTypes of Demand

A significant fall in the price of smartphones leads to an increased market demand for protective phone cases. What type of demand is demonstrated between smartphones and protective phone cases?

  1. Joint demandCevap
  2. B
    Competitive demand
  3. C
    Derived demand
  4. D
    Composite demand

Cevap

Joint demand
Joint demand (or complementary demand) occurs when two commodities are consumed together to satisfy a single economic want. When smartphones become cheaper, more people buy smartphones, which directly drives up the demand for protective cases.

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1
Analyze the relationship between the two goods
Smartphones and protective phone cases are complementary goods consumed together.
Lowering the price of smartphones increases smartphone purchases, creating a corresponding increase in demand for protective cases.
2
Classify the demand type based on economic definitions
Complementary goods exhibit joint (or complementary) demand.
Joint demand occurs when two or more commodities are needed together to satisfy a single human want.

Anahtar Kavram

Joint (Complementary) Demand
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Types of Demand

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