Demand for Industrial and Commercial Building
The demand for factories and offices is not dependent directly on the ultimate consumer but on the producers of goods for the ultimate consumer. It is known as derived demand. Its analysis benefits from the concern of economists with the relationships between investment and consumption. The initial discussion will be mainly in terms of industrial building followed by a consideration of the extent to which the same analysis is applicable to commercial building.
KeywordsConstruction Industry Demand Curve Surplus Capacity Commercial Building Industrial Building
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