What is another word for induced demand?

Pronunciation: [ɪndjˈuːst dɪmˈand] (IPA)

Induced demand refers to the concept that increasing the supply of a product or service will lead to an increase in demand for it. Other terms that are often used to describe the phenomenon of induced demand include "latent demand" and "generated demand". The opposite of induced demand is "constrained demand", which refers to a situation where demand for a product or service is limited by factors such as price, availability, or other barriers to access. Induced demand is a common concern in urban planning, transportation, and healthcare, where increasing the supply of resources may lead to increased utilization and ultimately higher costs.

What are the hypernyms for Induced demand?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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