Derived demand is the demand for _________. a) final goods and services b) resources c) final goods

Question:

Derived demand is the demand for _________.

a) final goods and services

b) resources

c) final goods as well as services and resources

d) neither final goods and services nor resources.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

See More Books

Question Posted: Mar 01, 2024 11:00 PM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Read the following production planning paper and summarize it: Introduction A good production plan is the foundation of success in any production firm. Production planning is a rather complicated...
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
At the intersection of Texas Avenue and University Drive, a yellow subcompact car with mass 950 kg traveling east on University collides with a red pickup truck with mass 1900 kg that is traveling...
Why do organizations find it so difficult to address the requirements of differentiation and integration simultaneously?
What for you are the benefits and disadvantages of nonstandard work? If you know someone who has a nonstandard job, ask them how they feel about it. Would their experience encourage you to find...
1 Qu variables se usaran para segmentar los siguientes mercados de consumidores?: a) dueos de podadoras, b) alimentos congelados, c) cereales para el desayuno, d) bebidas gaseosas.
Western, Corp., produces two products, cigars and chewing tobacco, from a joint process involving the processing of tobacco leaves. Joint costs are $60,000 for this process, and yield 2,000 pounds of...
In order to finance a new project, a company borrowed $3,200,000 at 10% per year with the stipulation that the company would repay the loan plus all interest at the end of 1 year. Assume the companys...
When the demand for wheat rises, the demand for farm labor ________. a) rises b) falls c) may rise or fall
Had there been no antitrust, there probably would have been __________.
The balance sheet of Redd Rug Company reported the following: Redeemable preferred stock, 5%, $70 par value, redemption value $40,000; outstanding 450 shares................ $ 31,500 Common...
Systems thinking is all about solving problemsin organizations, world situations, and even our personal lives. But it is not just a procedure; it is a different way of approaching problems. Our...
How would I display the following 3 principles in an entertaining infographic? Be very specific . Principle 1: Employee Engagement and Motivation Drawing from the Human Relations Movement theory and...
Shown below is a cross section of tubular member which is subjected to a torque T= 5.5 kN-m. It has a length L-3.0-m and the material shear modulus G=27 GPa. Dimensions: b=150 mm, h= 100 mm and t= 8...
The hip roof shown in the below Figure 2 is constructed of 2x10 rafters spaced 16 inches on center. The hip rafters are 1 -inch-wide by 12-inch-high GLBs. The roof has a slope of 4:12. Prepare a list...
2. Estimate the populations of Fargo, ND and Bismarck, ND in years of 2040 and 2050. Select a single value of population that you would use for design purposes in each year. You need to specify and...
Describe the degree of substitutability between gasoline and other Memorial Day trip-related goods and services and sketch a consumers preference map that illustrates your description. with high gas...
a) Show that (a, b) := {{a}, {b}} does not satisfy the ordered pair axiom. b) Determine whether each of the following statements is true or false. (Give a reason in each case): (i) {a, b} C (a, b)....
Now suppose the monopolist in Problem 2 has a total cost curve given by TC = 32 + Q2. The corresponding marginal cost curve is still MC = 2Q, but fixed costs have doubled. Find the monopolists...
Now suppose the monopolist in Problem 2 has a total cost curve given by TC = 16 + 4Q2. The corresponding marginal cost curve is now MC = 8Q and fixed costs are back to the original level. Find the...
Now suppose the monopolist in Problem 2 also has access to a foreign market in which he can sell whatever quantity he chooses at a constant price of 60. How much will he sell in the foreign market?...
Current Attempt in Progress On July 3 1 , 2 0 2 2 , Crane Compary had a cash balance per books of $ 6 , 2 4 5 . 0 0 . The statement from Dakata State Bark on that date showed a balance of $ 7 , 7 9 5...
Cede & Co. expects its EBIT to be $89,000 every year forever. The firm can borrow at 5 percent. Cede currently has no debt, and its cost of equity is 10 percent. If the tax rate is 35 percent, what...
In the Marriott example, one discussion point considered when a firm might use a single hurtle rather than different divisional or business unit rates. When a single rate is used and the divisions...

Derived demand is the demand for _________. a) final goods and services b) resources c) final goods

Question:

Step by Step Answer:

Answer Derived demand refers to the demand for a particular good or service that arises as a result ...View the full answer

Microeconomics

Students also viewed these Business questions