Joint Demand

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Wikipedia English The Free EncyclopediaDownload this dictionary
Joint demand
In economics, joint demand is a kind of demand that occurs when the demand for two or more products (or services) is interdependent, normally because they are used together. The demand for razor blades may depend upon the number of razors in use; this is why razors have sometimes been sold as loss leaders, to increase demand for the associated blades.
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MONASH Marketing DictionaryDownload this dictionary
Joint Demand
a situation in which demand for a product rises and falls with demand for another product with which it is used.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.
Raynet Business | Marketing DictionaryDownload this dictionary
Joint Demand
where demand for one product e.g. computer chips, is dependent on the sale of another e.g. computers (see derived demand).

Copyright © 2001, Ray Wright

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