joint demand

joint demand definition - business

joint demand

The demand for a good or service that is dependent on the demand for another good or service. For example, the demand for certain software is directly related to the demand for computers. Joint demand occurs when two or more products are used together. See also complementary goods, joint supply.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.