joint demand
Definition
Characteristic of certain products (such as cars and tires, bread and butter, toothpaste and toothbrushes) which are used together and where a change in the demand for one causes a similar change in the demand for the other. While the quantity demanded of both will increase or decrease together, their prices may change at a different rate depending on the availability of substitutes.
joint demand is in the Advertising, Marketing, & Sales and Economics, Politics, & Society subjects.
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