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azurecod500Lv1
11 Dec 2019
The demand for labor is described as a derived demand because:
A. It is derived by workers seeking to earn income to fund the consumption of goods and services
B. it is derived by producers seeking to make profits by starting new businesses
C. it is derived from the demand for products that use labor in the production process
D. it is derived from government institutions which rely on labor markets for raising tax revenue
The demand for labor is described as a derived demand because:
A. It is derived by workers seeking to earn income to fund the consumption of goods and services
B. it is derived by producers seeking to make profits by starting new businesses
C. it is derived from the demand for products that use labor in the production process
D. it is derived from government institutions which rely on labor markets for raising tax revenue
Kristelle BalandoLv10
31 Aug 2020