Derived demand - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2:

• JAMB 2019

The demand for labour is a________

A. Derived demand
B. Joint demand
C. Complementary demand
D. Composite demand

Question 3:

• JAMB 1983

Demand for a factor of production is?

A. A composite demand
B. A joint demand
C. A derived demand
D. An elastic demand
E. Cross-elasticity of demand

Question 4:

• JAMB 1988

A commodity is said to have a derived demand when the commodity

A. And another have joint demand
B. Is demanded because of what it can help to produce
C. Is demanded for different purposes
D. Has inelastic demand

Question 5:

• JAMB 2000

Which of the following is an example of derived demand?

A. Tax relief
B. Labour
C. Wage increase
D. Entertainment