Joint Demand
a situation in which demand for a product rises and falls with demand for another product with which it is used. | ||||
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Joint Demand definition was found in categories: Business & Finance(1) Encyclopedia(1)
Joint Demand Definition from Business & Finance Dictionaries & Glossaries
| Raynet Business & Marketing Glossary |
Joint Demand
where demand for one product e.g. computer chips, is dependent on the sale of another e.g. computers (see derived demand).
where demand for one product e.g. computer chips, is dependent on the sale of another e.g. computers (see derived demand).
Joint Demand Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Joint demand
In economics, joint demand is a kind of demand that occurs when the demand for two or more products (or services) is interdependent, normally because they are used together. The demand for razor blades may depend upon the number of razors in use; this is why razors have sometimes been sold as loss leaders, to increase demand for the associated blades.
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