In the Following Figure, the First Panel Shows a Market

In the following figure, the first panel shows a market situation prior to regulation and the second panel shows the effects of regulation.Figure 14.2
In the figure,
D: Demand curve for automobiles
S₁: Supply curve of automobiles prior to regulation
S₂: Supply curve of automobiles after regulation
FG: Clean up cost per unit
-Goods which are demanded to produce something else are said to have a(n) :

A) direct demand.
B) composite demand.
C) derived demand.
D) joint demand.
E) inelastic demand.

Correct Answer:

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