Firestone carefully watches the automotive market to ascertain the demand for cars, SUVs, and trucks. Firestone does this because the demand for its products is dependent on the demand for automobiles. This situation describes __________.

A) synergistic demand
B) shopping demand
C) derived demand
D) product line demand
E) price elasticity

Derived Demand

The demand for a product or service that arises from the demand for another product or service linked to it.

Automotive Market

The sector of the economy that deals with the production, distribution, and sale of motor vehicles.

Firestone

A multinational tire manufacturing company known for producing a wide range of tires for vehicles.