Multiple Choice
Which of the following is an example of a firm's derived demand?
A) Workers with higher levels of education earn more, on average, than workers with lower levels of education.
B) Factors that decrease the demand for labor will decrease the equilibrium wage.
C) A tractor manufacturer's demand for assembly-line workers is inseparably linked to the supply of tractors.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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