When the Toyota Prius first entered the marketplace, dealers kept waiting lists of people wanting one and the factories had to ramp up production and order more raw materials. This is an example of derived demand.___

The correct answer is True.

Explanation:

The demand for a product in the market produces a demand derived from the raw materials necessary for its production. For example, when the demand for cars rises, the demand derived from auto parts also increases; and increasing the production of auto parts increases the demand derived from steel.

true

Explanation:

When factories have to increase production due to demand this is because of derived demand

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