Economics
Explore Economics
Study Notes
Composite Demand
- Level:
- AS, A Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 3 Jul 2018
Composite demand happens when goods or services have more than one use so that an increase in the demand for one product leads to a fall in supply of the other. E.g. milk which can be used for cheese, yoghurts, cream, butter and other products. If more milk is used for manufacturing cheese, ceteris paribus there is less available for butter
You might also like
Shifts in Market Demand
Study Notes
Supply and Demand - Clear The Deck Key Term Knowledge Activity
Quizzes & Activities
Different Types of Demand
Student Videos
Demand Theory (Quizlet Revision Activity)
Quizzes & Activities
Markets in Action: Supply and Demand for Strawberries
Student Videos
Introduction to Economics and the Operations of Markets - take the Yes/No challenge
Quizzes & Activities
Demand factors - "Concentration" activity
Quizzes & Activities
How Markets Work - Demand Theory
Study Presentations
Recommended
Exam support for 2022
Online Grade Booster Courses for A-Level Exams in May & June 2022
Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams