Question
The term derived demand is applied to the demand for labor because ____________ firms demand labor and households supply it .in the labor market, wage
The term "derived demand" is applied to the demand for labor because ____________
firms demand labor and households supply it
.in the labor market, wage is the price.
the demand for labor is based on the demand for goods and services.
the demand is derived from the labor force.
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
