Author Question: When the consumer demand for vehicle tires increases, the demand for rubber also goes up. This ... (Read 123 times)

vinney12 · **on:** Jun 28, 2018

When the consumer demand for vehicle tires increases, the demand for rubber also goes up. This increased demand for rubber due to the increase in demand for tires shows the effect of _____ on business markets.
A) autonomous demand
B) acceleration demand
C) concentrated demand
D) direct demand
E) derived demand

Question 2

Before preparing a bid for any potential contract, the industrial firm should first:
A) estimate the profitability of the potential contract.
B) assess the probability of winning the contract.
C) carefully define their objectives.
D) conduct a preliminary analysis of their expected costs in performing the potential contract.
E) evaluate the strength of potential competing bidders.