Multiple Choice
The idea that the demand for tire workers stems from the demand for automobiles is
A) the value of the marginal product of labour.
B) the value of the marginal product of tire workers.
C) the value of the marginal product of auto workers.
D) an output demand.
E) a derived demand.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: If the present value of $500 to
Q21: For a monopsonist facing an upward-sloping supply
Q25: Use the figure below to answer the
Q26: The four factors of production are<br>A)productive factors,
Q29: Assuming r is the rate of interest,
Q31: Use the figure below to answer the
Q33: The income effect of a higher wage
Q35: Use the information below to answer the
Q50: The demand curve for labour will shift
Q115: If the annual rate of interest is