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Composite demand is a demand for a good that has many uses. An example is oil it is demanded as a fuel.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoeconomics demand for something with multiple uses: demand for a product that has more than one use
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What are the types of demand?
interrelated demand joint/complement demand competitive derived composite independent
What is Joint Demand and Composite Demand?
Joint DemandWhen two or more goods are demanded to satisfy the same want, it is called JOINT DEMAND. A good example of joint demand would be a demand for sugar, coffee powder and milk to produce coffee. Another example can be a demand for car and petrol to fulfill the same desire, i.e transport. Note that the goods demanded are not substitutes for each other, but complement each other.Composite DemandWhen a particular commodity is demanded to be put to multiple uses, it is called COMPOSITE DEMAND.An example of composite demand is the demand for water, which can be put to uses such as cooking, cleaning, drinking, etc. Demand for cow can also be considered composite demand, as the hide, milk and meat are all useful to a consumer
What are the types of demand according to managerial economics?
1-interrelated demand 2-joint demand 3-competetive demand 4-derived 5-composite 6-independent
What is Composite supply?
The composite supply rule applies where there is a principal element as well as an ancillary element or elements being supplied and where the ancillary elements would not realistically be sold on their own without the principal element. Such ancillary supplies are not physically and economically dissociable from the principal supply.
What is a list of prime numbers and composite numbers?
It would be impossible to list them all, since numbers go on forever, but here are some of them: 2 - Prime 3 - Prime 4 - Composite 5 - Prime 6 - Composite 7 - Prime 8 - Composite 9 - Composite 10 - Composite 11 - Prime 12 - Composite 13 - Prime 14 - Composite 15 - Composite 16 - Composite 17 - Prime 18 - Composite 19 - Prime 20 - Composite 21 - Composite 22 - Composite 23 - Prime 24 - Composite 25 - Composite 26 - Composite 27 - Composite 28 - Composite 29 - Prime 30 - Composite 31 - Prime 32 - Composite 33 - Composite 34 - Composite 35 - Composite 36 - Composite 37 - Prime 38 - Composite 39 - Composite 40 - Composite 41 - Prime 42 - Composite 43 - Prime 44 - Composite 45 - Composite 46 - Composite 47 - Prime 48 - Composite 49 - Composite 50 - Composite
Is 44 a prime or composite composite numbermber?
It is composite.
Is 1 212 prime or composite?
It is composite.
Is 25 a prime or composite?
composite composite
207 prime or composite?
composite
Is 1226 a prime or composite?
composite
Is 292 composite or prime?
composite
Is 183 a prime or composite?
composite
