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When economists say that the demand for labor is a derived demand, they mean that the demand for labor is a. related to the demand

When economists say that the demand for labor is a derived demand, they mean that the

demand for labor is

a. related to the demand for the product labor is producing

b. dependent upon government expenditures for social goods and services

c. based on the assumption that workers are trying to maximize their money incomes

d. based upon the desire of businessmen to exploit labor by paying below equilibrium wage

rates

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